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Frequently Asked Questions

Will my Notice of Value and/or tax bill show the land as well as the manufactured home?

ASSESSOR'S FAQ
No. The land will have its own Notice of Value and Tax Bill and the manufactured home will have its own Notice of Value and Tax Bill. The property owner will receive two Notices of Value and two bills.
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Will my assessment show the value for the land as well as the manufactured home?

Colfax County FAQ's | Colfax County, New Mexico
No. The land value appears on a separate assessment. Property owners will receive two tax bills, one for the manufactured home and one for the lot (unless the lot is a rental). There are two forms to be completed: 1) Request to change valuations status for a manufactured home 2) Manufactured Home (Mobile Home) Affidavit of Affixture to Colfax County Assessor. Mail the "Request to Change Valuation Status" form to the Motor Vehicle Division Vehicle Services Bureau, P.O.
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If I own my land, may I claim my manufactured home as Real Property?

ASSESSOR'S FAQ
In order to preserve the limited lands available in New Mexico for agricultural purposes and grazing, the New Mexico Legislature has given special valuation status to irrigated agricultural land, dry agricultural land, and grazing land (NMSA 1978, Chapter 7-36-20). Qualified owners of such land must register their land by the last day of February with the Bernalillo County Assessor's Office and be prepared to prove that agriculture is the primary use of the land.
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Do I have to own land before I can buy a Manufactured Home?

Ideal MFG Homes
No, you do not have to already own the land. You can purchase property and the Manufactured Home at the same time. However, if you do already own land, it could make the process easier.
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Will a manufactured home appreciate in value?

Ma Williams
Yes, if it is permanently affixed to the real property. One reason they appreciate in value is that appraisers can use site built comparable sales (comps) to establish their value. Another reason manufactured homes appreciate is the availability of standard home mortgages for financing.
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Montana Homes In Missoula Montana - Finest quality manufactu...
Generally, a home is a great investment. Appreciation on any home - either site built or manufactured - is affected by the same factors: the desirability and stability of the community, supply and demand for homes in the local market, and maintenance and upkeep of the home. When properly installed and maintained, today's manufactured homes will appreciate the same as surrounding site built homes.
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How does The Road Home estimate the value of a mobile home on leased land?

The Road Home | Homeowners | Frequent Questions
The pre-storm value of the mobile home is determined based on a Broker's Price Opinion (BPO) or on information in the NADA Manufactured Housing Appraisal Guide. To determine the NADA value, applicants will need to provide The Road Home with the mobile home manufacturer, model, make and condition of their mobile home. Yes, mobile home applicants who choose Option 1 can purchase a new mobile home and place it on the existing lot.
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Are there tax advantages to owning a Manufactured Home?

Morning Star Homes
Yes! The interest on your mortgage is deductible, while rent payments are not. Precisely how much this will save you each year is a matter you should discuss with your accountant or tax preparer.
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Will the value be the same for all of the grazing land in my county?

PRF Frequently Asked Questions/Vegetation Index
Yes, county base values are determined and provided on a county basis; they will not change for each grid.
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What is a manufactured home?

Entergy Louisiana - Frequently Asked Questions
A manufactured home is one that is pre-manufactured and not built specifically on a premise. Some refer to a mobile home as a manufactured home.
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My manufactured home is in a park and/or on leased land. Can CMI help me?

Mobile Home Loan Questions, Mobile Home Financing by Chattel...
Yes, as long as the home is currently set up in a park and/or community and the home & dealer meet Chattel Mortgage requirements. The dealer must be willing to cooperate with CMI.. We do not finance homes that must be transported to the home site.
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If I own my land, do I have to purchase a registration for my mobile/manufactured home each year?

Frequently Asked Questions | Priority 1 Mobile Homes
Mobile/manufactured homes located on your property may qualify to be taxed as real property. If so, your local tax collector (tag office) will sell you a permanent, one-time registration sticker for your home.
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What if I do not get a tax notice?

Treasurer's Office FAQ - Logan County Online
You are still responsible for paying your taxes, and will be charged late fees if not paid in time. If you do not receive a tax notice by January 31, please contact our office and a duplicate bill will be sent to you.
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What if I own a mobile home but not the land?

Webb County Appraisal District Home page
We need a request for seperate taxation filed with our office. This will allow the appraisal district to set the mobile home up on an improvement only account that does not have a land value.
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What is the "VAT" or Value Added Tax?

Frequently Asked Questions...Answered by Reformation Tours
The "Value Added Tax" is sales tax. In most countries abroad, VAT is charged on all items purchased. As a tourist, you can get a refund on this tax, as you depart, IF: You present this form and your unopened merchandise to customs officials at the airport or border of the country where it was purchased. Customs officers will validate your form with an official stamp. At airport, proceed to tax-free counter to receive cash refund.
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Is there Value Added Tax on transactions with land and lease of property?

Balkan Dream Bulgarian Properties - feel the dream, Bulgaria...
Transactions with land and lease of property for residential purposes are exempt from Value Added Tax /VAT/. All other real estates transactions are subject to VAT, which is 20 %. The buyer/ lessee is entitled to a VAT refund, provided that it is registered for VAT purposes.
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Will buying a manufactured home offer tax benefits?

Welcome Home Ohio - Ohio Manufactured Homes Association
Manufactured homes are not only affordable, they also represent a good investment. Financing your manufactured home will allow you to take a tax deduction for your interest cost. You may wish to consult an accountant to determine your approximate tax savings.
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What if I don't agree with the assessed value that appears on my notice of proposed property tax?

Index of Frequently Asked Questions
What is "tangible personal property"? Tangible personal property is everything other than real estate that has value by itself. It includes such things as furniture, fixtures, tools, machinery, household appliances, signs, equipment, leasehold improvements, supplies, leased equipment and any other equipment used in a business or to earn income. It does not include motor vehicles, mobile homes, inventory, livestock, boats or airplanes.
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What do I do if I disagree with the value of my vehicle shown on my tax notice?

Auditor FAQ's
You may appeal to the county auditor if you disagree with the value of your vehicle. If you are appealing based on the number of miles your vehicle has been driven, you may complete the form on the tax notice and either mail, fax or bring it to one of our offices in person to see if the notice can and will be adjusted for you. If you are appealing due to the general condition of the vehicle, please provide an estimate of fair market value from either NADA, Edmunds.
Related Questions

What exactly is a manufactured home?

Oak Creek Homes and Vic Cox Homes - Frequently asked questio...
A manufactured home is a single-family house constructed entirely in a controlled factory environment, built to the federal Manufactured Home Construction and Safety Standards (better known as the HUD Code). They are built in a factory and then transported to the prepared site and installed. They may be of single-section or multi-section design. Federal standards regulate housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality.
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Plattsburgh Housing Outlet: manufactured homes and modular h...
These are homes built entirely in the factory under a federal building code administered by the U.S. Department of Housing and Urban Development (HUD). Manufactured homes may be single or multi section and are transported to the site on a permanent chassis and installed.
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Manufactured Home, Service, and Financing Freuently Asked Qu...
Manufactured homes are built in factories, rather than on site. The manufactured home is then delivered and set up on your property. Manufactured homes are less expensive per square foot than site-built homes and are typically more cost-effective to builders and consumers. Manufactured homes can be constructed in a fraction of the time it takes to build a home "on-site" and they're built to higher standards as well.
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What happens if my home loses value?

Home Ownership Accelerator - Frequently Asked Questions
Just like any mortgage, you owe the amount you've borrowed, regardless of what happens to the value of your home. The problem some people have when their home devalues is that they end up owing more on the house than the house is worth. However, since the Home Ownership Accelerator allows you to pay down principal faster, you'll stand a better chance of avoiding being "underwater" on your loan as compared to a traditional loan.
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What is the Land Tax?

Bermuda Real Estate - Larry Dunlop
Bermuda's land taxes are relatively low by world standards. Payable twice a year, they are calculated annually on a sliding scale based on the ARV (government-assessed "Annual Rental Value"), not the "value" of the property.
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Positive cash flow real estate investing frequently asked qu...
Land Tax is a state tax which varies from state to state. Some states have an exemption threshold which applies before land tax is levied. Thresholds may be different depending upon whether you buy the properties in your own name or in an entity. Larger portfolios will generally attract land tax and it is your responsibility to find out if you are liable for land tax. It is best if you consult your accountant for specific advice regarding your particular circumstances.
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Where is it manufactured?

Frequent Asked Questions
BetaCell? is designed by Micelle Products, Inc. and manufactured by our parent company Micelle Laboratories, Inc. Micelle Laboratories is a state-of-the-art pharmaceutical facility with both FDA and GMP certifications and has been a leading, quality Nutraceutical and OTC Drug manufacturer since 1980. Micelle Products, Inc. specializes in marketing innovative quality products worldwide.
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