article thumbnail

How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

Example: Land lease. In a large development of approximately 300 houses, four of them were on a 99-year land lease with 55 years remaining. Reason was it was the last portion of the block of land, and the owner wouldn’t sell, but did agree to the land lease. Get the guide!

article thumbnail

Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

The average income of a manufactured housing homebuyer is around $50,000, while the average income of a buyer of a site-built home is over $100,000. These standards were not developed with any real input from HUD, which has exclusive statutory authority for manufactured home construction and safety standards nationwide, through the HUD Code.