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Senate Passes Closing Extension for First-Time Homebuyers

On Wednesday, June 30, the U.S. Senate passed a bill extending until September 30 the deadline for first-time homebuyers to close on their purchases and be eligible for an $8,000 tax credit. The bill was overwhelmingly approved by the House and President Obama is expected to sign it. Qualified existing homeowners also have until September 30 to close on new homes and receive a tax credit of up to $6,500. The bill only affects the deadline for closing on a home. The April 30 deadline for signed contracts remains intact.

Manufactured Homeowner Satisfaction in Alabama

A study conducted by Southeast Research, Inc., Montgomery, Alabama

The principle of this study was to conduct an image assessment of manufactured housing among owners of manufactured homes and to assess the level of customer satisfaction among manufactured homeowners in Alabama.

The study is based on 400 heads-of-households who have purchased a manufactured home in Alabama within the past three years.

The study concluded the following:

*Eight out of ten manufactured homeowners in Alabama are satisfied with their home

*84% of manufactured homeowners have a high degree of pride with ownership of their homes.

*99% of manufactured homeowners use the home as their primary residence.

*92% of manufactured homeowners in Alabama described their home as a safe place to live.

*Seven out of ten manufactured homeowners in Alabama described their home as a good value for their investment.

*92% of manufactured homeowners in Alabama described their home as being attractive.

Another conclusion drawn from this survey was that two-thirds of homeowners contacted for this survey owned a home prior to purchasing their manufactured home. Also, one-third of the purchasers of manufactured homes in Alabama were paying rent prior to making their recent housing choice.

The overall conclusion drawn from this study is that customers purchasing manufactured homes are satisfied with the home they purchased. They also have a great deal of pride with respect to the purchase of their home.

Data sources: Southeast Research, Inc., Montgomery, Alabama

This material may not be reproduced in any form without consent and final editorial of the Alabama Manufactured Housing Association. Violators will be subject to legal action.

Moving A Manufactured Home?

Alabama State Law requires your mobile or manufactured home be moved and installed by a licensed, trained installer. This is for your safety, in order to ensure the correct installation.

The Alabama Manufactured Housing Commission trains and licenses certified installers. To see if your installer is licensed or for a list of installers, you can contact the AMHC at (334) 242-4036, or go to their website at www.amhc.state.al.us.

Owning your own home

It's the ultimate American dream. In fact, buying a home is probably the most important purchase you'll make in your lifetime.

As housing costs continue to climb, home ownership is simply beyond the financial reach of a growing number of Americans. Increasingly, the need for more affordable and efficient homes is being met by today's manufactured homes. Manufactured Housing offers all the qualities and amenities you want at a price you can afford.

If you have any additional questions or would like to see how beautifully manufactured homes can fit your lifestyle, find out more here about homeownership or visit a local Alabama Manufactured Housing Association retailer.