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Mobilehomes Archives

Fashion Designer Betsey Johnson Purchases Malibu Mobilehome

Famed fashion designer, Betsey Johnson, recently purchased an approximately 1,500 square foot mobilehome in what some have deemed "America's Most Glamorous Trailer Park." The previous asking price of the mobilehome was just under $1.95 million. Johnson purchased the mobilehome in a community called Paradise Cove, which is located in Malibu, California. The community, which has previously been home to actors such as Matthew McConaughey, is known for its prime location on a bluff overlooking the Pacific Ocean and its multi-million-dollar properties.

Good News for Mobilehome Financing

Financing for mobilehomes has received good news after years of difficulty to obtain loans. The Manufactured Housing Institute provided an overview in this article. The good news came from actions taken by the House of Representatives in Washington D.C. to recognize and protect the mobile/manufactured home buyers from a discriminatory provision of the Dodd-Frank Act.  

Visit TLF at Booth 208 at the 2016 MHI National Congress & Expo

Join L. Sue Loftin, Ariel Bedell, and Liam Perry at the 2016 MHI National Congress & Expo for Manufactured and Modular Housing on May 3-5 at Caesars Palace in Las Vegas, Nevada.

Gov. Brown Signs AB 225 Changing Mobilehome Park Resident Ownership Program

On September 20, 2014, Governor Brown signed Assembly Bill 225 (Chau and Nestande) into California law. The Mobilehome Park Resident Ownership Program ("MPROP") operates with the purpose of "[financing] the preservation of affordable mobilehome parks by conversion to ownership or control by resident organizations, nonprofit housing sponsors, or local public agencies."

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The Loftin Firm, P.C.
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Carlsbad, California 92008-4713

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