In This Guide
- Legal Classification
- Financing Differences
- Zoning Differences
- Which Is Right
Legal Classification
| Factor | THOW | Foundation |
|---|---|---|
| Classification | Personal property | Real property |
| Financing | RV or personal loan | Mortgage possible |
| Property tax | Registration only | Standard property tax |
| Where you can park | RV parks, some rural land | Your land only |
| Insurance | RV policy | Homeowner's policy |
Which Is Right for You
- Choose THOW if: You want mobility, lower taxes, faster setup, or plan to live in RV communities
- Choose foundation if: You own land, want mortgage financing, plan long-term, or want appreciation
Flexibility vs stability: THOWs give location flexibility but less financial stability. Foundation builds give financial tools but lock you to one location.