difference b/w mobile/manufactured/modular

[Toni Fowler]

I know mobile homes depriciate. Is the same true for manufactured/modular homes? I did a google search and found answers from both sides so I'm looking for a little more clarification. With all the confusion with the SAFE ACT I'm looking into whether landlording a higher end manufactured home would be a safer choice. Any thoughts?

[Andriy Boychuk]

Here is definition from mhvillage.com

"Below are the approximate definitions of each term, but from a marketing perspective, these terms are largely interchangeable. "Mobile" is by far the most popular term; "Manufactured" or "Modular" are more upscale.

• Select Mobile if the home was built before 1976.
• Select Manufactured if the home was built after 1976 and is not on a permanent foundation. A manufactured home is built to federal HUD standards and will have a HUD seal (small aluminum tag) attached to each section of the home.
• Select Modular if the home is permanently attached to a foundation and was built to local building codes (BOCA codes)."