Monday, January 28, 2013

Mfd/Modular/Mobile Homes for Sale with Acreage- Cabot, Greenbrier, Vilonia Schools

Property Info:


Manufactured, Modular, Mobile Homes for Sale with acreage


Locations include Cabot, Greenbrier, Vilonia School Districts


Acreage varies from 1-8 acres

For More Info: 501-297-2840

Wednesday, January 23, 2013

Land For Sale- Vilonia Area, Easy Commute to Conway

Property Info: Land for Sale- Vilonia Area

2.5 acres to 5 acres in rural Faulkner County off Vilonia Bypass and Hwy 107

Trees, water improvement district, electricity  with good access

Horses and Mobile Homes Allowed

Only $99/month with 10% down payment

Call 501-297-2840


Tuesday, January 15, 2013

Manufactured, Modular, and Mobile Homes Qualify for Property Exemptions

The General Assembly approved a bill ten years ago giving owners of manufactured homes a $300 tax credit. When voters approved Amendment 2 , it gave homeowners a $300 tax credit whether they owned a manufactured or site-built home.

The passage of the amendment also led to a special legislative session, where a half-cent sales tax was enacted to replace the lost revenue. But some manufactured homeowners weren't going to receive the tax credit because in some counties mobile homes were listed as personal property rather than real property.

However, if a person owns the mobile home but leases the land it sits on, then the homeowner would receive the credit for the value of the mobile home, but not the value of the property. Thus, today a manufactured homeowner receives the $300 tax credit for the homestead exemption whether they own the land or not.