Table of Content
- Is It Worth It to Remodel a Manufactured Home?
- Can I move my mobile home if I have a mortgage?
- Sell your mobile home more quickly with these staging and landscaping tips
- Your Options With A Mobile Home with A Mortgage
- The Ultimate Open House Checklist to Nail Your Showing
- Selling?
- How To Sell Mobile Home With A Mortgage?
Once you have verified this tenant-buyer does pay on-time then by all means you can allow them to pay the lot rent monthly. If your tenant-buyer does stop paying you then you may typically be able to have them leave with a little bit of time, kind words, and a small amount of money. If that does not work you can always repossess the home and evict the people inside. I hope this is starting to help and make sense. You will likely have many more questions moving forward.
Your buyer’s lender will definitely be able to clue you in to all the steps needed. Every week I talk to at least 1 seller that has to still pay $40k to the bank and has been paying on the home for the past 5 years or more. Unfortunately as an investor there is not much I can do to help these sellers personally. However what I can do is give you information to help sell your property fast to a qualified buyer. I am glad to hear about the job transfer, I hope that is a good thing. There are 2 links on this page that can help you.
Is It Worth It to Remodel a Manufactured Home?
If this can be done in less than a day then you will be able to resell the home and transfer the SOL almost immediately. Once you have collected your money from the buyers you may feel comfortable giving them keys and having the SOL information collected. You will then of course wait until there are no liens on the property before mailing these forms into the state and finalizing the transfer process. With that said there may be more steps involved if your mobile home is currently considered “real property” VS “personal property”. I hope this all helps and starts to point you in the right direction moving forward. As always, if you ever have any additional questions or concerns please never hesitate to reach out to me anytime.
I’m very glad to hear that you have a buyer lined up. While some forms can absolutely be signed legally on the Internet using third-party systems to verify people are who they say they are… I would not recommend that for the situation. This way the buyer can walk out of the attorney’s office with a bill of sale and title in hand and your attorney will be holding the $1500. They will of course send you back a copy of the signed bill of sale. There are few other ways to get this done however these are the main to at the moment.
Can I move my mobile home if I have a mortgage?
So I guess basically I am screwed so here is how it goes about two months back I bought this trailer. So I tried to resell it So anyways I sold it for $1,000 to Dean so that way I wouldn’t have to deal with it. I just wish I never got involved in this I have never gotten into legal trouble before… I need advice before I go crazy. I know a lot of people might bash on me but I am just a kid that didn’t know any better I guess…. I live in Louisiana and sold my single wide mobile home to a lady in Texas.
First off, I regret the situation that your grandfather and your family is currently in. This was 13 years ago so your grandfather did get a lot of years out of the home before the park asked for this info. In reality the park should’ve obtain this information years ago. Perhaps the park recently went through new management and this is the reason why documentation is now needed. My first piece of advice would be to make sure that your home is priced very competitively. Aim to be 10% to 20% below your competitions price.
Sell your mobile home more quickly with these staging and landscaping tips
If you’re by the beach, lean into that with a fresh and airy beach cottage theme, for example. Pulling up a property with a crack in the driveway or dented siding can deter buyers from wanting to come inside––or book a showing from their computer. Ensure to repair driveway cracks and replace damaged siding panels before taking photos. These U.S. states and top eight cities are the most popular locations for mobile homes. A pre-listing inspection can help point out any red flags, such as faulty wiring, plumbing leaks, and termites.
You’ve got a wealth of information for investors and for civilians looking to buy or sell their mobile home. Decent area, built in late 80’s / early 90’s, good condition, no major repairs needed. Anyways would Love to know what you think ..
The Difference Between Selling a Mobile Home and a Single-Family Home
A land contract is certainly another way to go if your family member or seller is willing to make these type of sales terms. If you have any follow-up questions or concerns never hesitate to reach out for ask them anytime. I would much rather you have the home vacant and have somebody in their that is not paying. I assume that you already know this, however I feel obligated to make sure I tell you. Because these are friends we often extend more of ourselves and allow us to get walked on by those closest to us.
You may also ask local mobile home brokers that you see advertising other local mobile homes nearby questions or for help as well. I very much regret to hear about your father’s passing. I have no doubt that you fixed up the mobile home so that almost anybody that walks through the home is going to like what they see.
Apologize about the delay in this comment reply. First things first, I regret that this new management is so hard to deal with. It sounds like with the old management your mobile home would’ve sold for around $10,000 or so. However this new management can absolutely prevent you from keeping the home in the park and can absolutely make you remove the home from the park if they do not want to renew your lease.
The buyer and seller sign a conditional purchase agreement. The purchase agreement outlines the terms of the sale and makes it contingent upon conditions such as a satisfactory inspection, appraisal and financing approval. That is very nice dear about helping out the family and making things win-win for all parties involved. I hope that these folks pay on time and you do not have any issues moving forward. With that said it is important to protect both them and yourself in this situation.
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