Jo Ann Meyer Stratton
Elite Member
- Joined
- Jan 16, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Arizona
The new Fannie Mae Guidelines define modular homes as homes built to Uniform Building Code. Which is not always true, because depending on location, BOAC or CABO or another building code for site built homes applies. Also Fannie Mae in the new guidelines, no longer requires for modular homes the documentation that is required for a home constructed to HUD building code.
Also the website for Manufactured Housing Institute has the definitons very well spelled out. A link to their web site is at the end of my article posted at naifa.com
And posted on this web site under appraiser links.
Also the website for Manufactured Housing Institute has the definitons very well spelled out. A link to their web site is at the end of my article posted at naifa.com
And posted on this web site under appraiser links.