How To Sell A Mobile Home With A Mortgage
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However, my neighbors tell me they are not showing it. They know I am a new widow, live on only my SS and have limited resources. One of my mfg. home’s greatest attributes is in fact that it is in a fantastic location in a 5-star community. Thank you for reaching out and for your kind words. I do hope these articles and videos have been somewhat helpful to you thus far.
I need to know how to sell my mobile home asap if I get accepted for a job transfer out of state. The park we live in is trying to steal our home. These thieves are not going to get away with this. I will tear it down peice by peice before they do that. Its in a senior park and they have done this to others. Its in big bear and I will sell fast and cheap.
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That said the eviction process will require that you be notified as to when you will need to show up in court. You will present your case in front of a judge and explain exactly what is going on. It certainly sounds as if you have merit to not be evicted.
You have paid for the home and have a contract to purchase it, however the ownership is still completely in the sellers name. I am curious if this seller did mail the check to the bank or not. However if the seller was to take your money and run he probably would’ve done so already.
How To Sell Mobile Home With A Mortgage?
If you let me know what state you are in I can give you a phone number to a local office. Based on your specific property there may be one of a couple paths forward the mobile home titling division would have you take if there truly is a lien on the title. Please write back as I hope everything works out and you are able to sell the home that you have kept up with and taken care of for the past 26 years.

When applying for a mobile home loan the buyer will have to be approved by the bank as well as the mobile home itself. Depending on the age and size of your home and foundation of the property will all determine how easily it is to be bank financed. Your next step is to contact a local lender or credit union your buyer prefers, if they have one that they prefer. Definitely do not beat around the bush when helping the seller arranged this loan. Be in contact with the broker as well in case they have questions about the home or need anything else done to expedite the loan process.
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Depending on your location and the condition of your home I would certainly be happy to let you know what a local investor may pay for your property. With that said I am certainly curious the principal payoff on the property. I’m assuming that this home is in the park as well, however I could be incorrect about this. Please send pictures and more details to me personally at As always, if you ever have any questions or concerns please never hesitate to reach out any time. Concerning your situation however, you do have a few options based on our experience. This park manager is obviously and blatantly steering people away from your home.

I’m certainly interested to hear what happens and ultimately it sounds there was nowhere to go but up when it comes to the condition of your neighboring property. Additionally, thank you for following along. I do hope the other comments and answers have been helpful in some way. Congratulations on finding a new home that you love! Being a motivated seller is definitely not the best situation to be in however it is very very fortunate that the park manager is interested in purchasing your mobile home for sale.
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Keep in mind that in different areas of the country I’ve seen moving and set up cost as little as $1500 for a single wide inasmuch as $8000 in other parts of the country. If you have any follow-up questions or concerns never hesitate to reach back out. Congratulations with regards to having the small park in the first place. If you have any specific questions never hesitate to reach out any time.

If one appraiser does not perhaps they can give you a referral to appraiser that does have experience. While an appraiser will tell you the value, and inspector will be able to tell you for damages that may need to be repaired. You will want to reach out to some local inspectors as well that have “mobile home experience” and who are affordable. Additionally, if the title is able to be placed into your father’s name you will have to be aware that taxes may be behind for the last 13 years.
Here are some specific reasons you may want to sell your inherited property for cash. Take a read of our seven reasons to sell your house for cash. Let’s look at some of the benefits to selling your inherited property for cash. Some example terms to look at are closing date, request for seller’s concessions, the type of loan a buyer is using, and the earnest money deposit the buyer is putting down. In most cases, I would say about 90 percent from experience, large repairs are not worth doing to an inherited property. Meaning, you end up spending more money and net less at the end of the day.

You may also choose to work with a local title agency or closing attorney to help facilitate the transaction, however this is not needed. If you are able to sell your home for a down payment and monthly payments you can likely sell your home for $50,000 or more to a low risk in semi qualified buyer. However if you are looking to sell for a new bank loan or to an all-cash buyer you are competing with every other seller in your marketplace. In order to sell for cash semi quickly your home needs to be prettier than everyone else’s and for sale 10 to 20% below recent comparable sales. I suggest you market online, off-line and networking with the park manager to help you sell.
Because you had a very interested buyer I would suggest you call this buyer back and renegotiate the purchase price and terms. There is at some price that this buyer is still interested in your property. Perhaps you can offer to pay the difference for the next two years. So if the lot rent increase $20 you would multiply $20 by 24 months.

I very much regret to hear about the headaches this landowner is putting you and your mother-in-law through. With that said the landowner is certainly the one that can place a lien on your mobile home and repossess it if desired. Perhaps this land/park owner will allow the monthly payments to accrue for a few months so that when you sell it come tax time you will be able to pay off the back amount due lust late fees. Almost anything is better than $200 from the park and I would encourage you to get as much as possible. With that said the park may purposefully deny people who are looking to purchase your property if they really want to try to keep it for themselves.
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The only thing that they will not get is a clear title since that will be coming to you later. The buyer will pay off the lien however anything over the $33,000 owed to you will not be paid until the clear title is delivered to them. I hope this helps some and all make sense. If you have any follow-up questions or concerns never hesitate to reach out any time.

With that said a more accurate number may be $1000 over what is owed to the park. After you are evicted you will have an eviction on your record (which you don’t want) and you will not have any money. Aim to sell fast for someone to pay the park what they are owed, take you out of eviction, and pay you $500-$1500 asap… if that is even possible. The number of bedrooms, condition of the home, and location will be a big factor in your resale too. Make sure you are advertising the home in every online and offline methods you can.
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