Have you noticed that when you search on the web for retirement communities, you will usually find a large number of ‘manufactured’ home developments?

I’ve always had the impression that a ‘manufactured’ home is kinda like a mobile home that has no wheels and isn’t designed to be mobile. What is your impression? Does anyone out there live in/own a manufactured home. How do you think it compares with a tradional ‘brick & stick” home vs. a mobile home?

Some of them come with a respectable parcel of land, but is it owned land or leased land? Is it marketable property? That is, if you become feeble or sick and have to go to a nursing home, can you sell it and get your investment back (assuming no repeat of the recent home value plunge)? Can anyone comment on a recent sale (or lack thereof)?

We’d like to hear from you!