Manufactured homes in Condo Parks and Lending Practices

admin — Wed, 12 Dec 2007 13:13:32 +0000

Many high quality manufactured home developments were first developed as rental or lease communities and later through the resident or homeowner association efforts or through owner determination, the development was converted to resident ownership. One of the most popular methods of park conversion was through a condominium plan. Unfortunately the legal verbiage in the condo plan inadvertently excluded manufactured home communities from certain types of financing, specifically FHA insured loans or loans that would ultimately be sold to the secondary market. This often compromised the very heart and soul of the manufactured home market—either the first home buyer or the retirement owner. Without appropriate financing the first-time home buyer was unable to secure the best source of dollars available and the senior was unable tap into his/her nest egg by virtue of a Reverse Mortgage. A reverse mortgage lets homeowners 62 years or older borrow against the equity in their property. They can take the proceeds as a monthly check, lump sum or line of credity. Instead of making payments to the lenders, as with a traditional mortgage, the lender pays the homeowner. The loan is repaid with interest when the borrower sells, moves or dies.
The understanding of manufactured homes and their associated communities by the highest level of FHA and HUD officials as well as our political leaders in Washington was also flawed. Rental parks that converted to resident ownership through the condominium process were viewed on paper as developments with lower quality homes. In reality, these are developments like Rancho Carlsbad and Champagne Village (just two parks to cite examples with golf courses, enviable locations and amenities with home prices in the $300,000-$500,000 range. Far from substandard.
On March 29, 2007, H.R. 1852 (the Expanding Homeownership Act of 2007) was introduced into the House of Representatives by Congresswoman Maxine Waters (D-CA). The bill has been referred to the Senate Committee on Banking, Housing and Urban Affairs. Passage of a compromise version by both houses of Congress is expected to pass by the first quarter of 2008. When The U.S. Congress passes the FHA Modernization bill, this bill will bring the benefits of reverse mortgages and comprehensive mortgages to homeowners that have been excluded for too long. HUD officials have given assurances that the logistics will be implemented quickly.
Some of the logistical issues on a manufactured home are as follows to secure an FHA insured loan.
Proof that the home is newer than June 15, 1976
Engineer’s Certification that the home is on a permanent foundation and that any attached buildings to not impact the structural integrity of the home and that the skirting enclosure is HUD compliant.
Certainly there are other issues pertinent to the loan but without the two above, FHA financing cannot be procured. On The Level General Contractors can assist both in the engineer certification process or if necessary retrofit the home to meet the HUD Handbook 1996 guidelines.

Author Bio
ON THE LEVEL General Contractors (B & C 47 521400) is a family-owned company specializing in the maintenance and retrofitting of mobilehome and manufactured home understructures 433A permanent foundation contractors.

Botox & the Aging Process

admin — Tue, 14 Aug 2007 18:36:44 +0000

By Tasha Haskell

Botox is a form of botulinum toxin.
Cosmetic physicians have been using botox for years to
successfully treat wrinkles. Botox is the brand name of a toxin
produced by the bacterium clostridium botulinum. This can be used for
both men and women. We associate this toxin taken in large amounts with
food poisoning. Inspite of serious complications associated with botox,
scientists have discovered a way to put it to the use for humans. Small
diluted amounts can be directly injected into the area which causes
controlled weakening of the muscles.

In 1980’s the FDA approved the usage of botox when it was discovered
that it could stop ailments like blinking and lazy eye. Since then
cosmetic physicians have been using botox to successfully treat
wrinkles and reduce the frown lines, forehead creases, crowsfeet near
the eyes and thick bands in the neck we have also come to know that
botox reduces migraine headaches, excessive sweating and muscles spasms
in the neck and the eyes. It is also used for other areas of the face
as well.

Patients who are pregnant should not use botox. Botox is available as
“single-use” vials which means that vial of botox is meant for the use
of single patient during one session completed within four hours.

Procedure:
Botox blocks signals from nerves to the muscles. The injected muscles
can no longer contract; usually it is used on forehead lines, crow’s
feet (lines around eyes) and frown lines. Botox will not respond to
wrinkles caused by sun.

The procedure will only take a few minutes without anesthesia. Botox is
injected with a fine needle into the spot, slight pain, resembling an
insect bite may occur. During the procedure there is usually no pain.
The patient may return to her/his own work on the same day. But care
must be taken to keep the head upright and not to massage the injected
area.

It generally takes three to seven days to take full effect. It is best
to avoid alcohol during this period. Aspirin and anti-inflammatory
drugs should be stopped two weeks before treatment.

Effects of botox injections:

When ever we go in for either a surgery or botox injections there are
always risks and side effects present. It is always compulsory to
discuss the pros and cons with your surgeon. First tell them what your
symptoms are.

1. Temporary bruising is the most common side effect.
2. Head aches which lead to eyelid drooping which
usually resolves in three weeks. This development occurs due to the
migration of the botox so avoid rubbing the treated area for 12 hours
after injection. Also avoid lying down for hours.
3. The treatment is safe when carried by trained
professionals. Besides only very small quantities of botox is given
intravenously. The FDA recommends a frequency of once in three months
with lowest effective dose.
4. It may develop new wrinkles as the result of the
treatment. Due to temporary paralysis of the targeted muscles the
neighboring muscles compensate in the production of new wrinkles.

Author Profile:
The author Tasha Haskell
is with Sadrian Cosmetic Surgery and is an
expert on cosmetic surgery procedures.

http://www.abc-articles.com/Article/Botox-is-a-form-of-botulinum-toxin-/11149

http://www.directarticles.com/article.detail.php/3887/66/Beauty/Health%20and%20Fitness/4/Botox_is_a_form_of_botulinum_toxin.

http://www.easycontentpro.com/Article/Botox-is-a-form-of-botulinum-toxin-/31069

http://www.freearticlesubmission.com/Article/Botox-is-a-form-of-botulinum-toxin-/10073

http://www.goarticles.com/cgi-bin/showa.cgi?C=382570

http://www.itsgreattobe.com/article/Article/Botox-is-a-form-of-botulinum-toxin-/5420

http://publisherscloninghouse.com/Article/Botox-is-a-form-of-botulinum-toxin-/9319

http://www.articlefair.com/Article/Botox-is-a-form-of-botulinum-toxin-/20391

http://www.amazines.com/view_article.cfm?CID=D%3DI236OF%5E%5D%2B%5F%3E%5E%28%401U%23%3FO6%203%21PH3K%2B%3AOT%21M%2F2T%2B%22Q%3BU%22%3F%5E%20%3B%3C%0A&articleid=199288

News Articles Blog » Blogroll

Manufactured homes in Condo Parks and Lending Practices

Botox & the Aging Process