Archive for January, 2010

Lets say my budget is around 0-0,000 to buy a home. I can purchase a piece of land for ,000 on lake front property with 5 acres far far up north. So ,000 – 0,000 leaves me ,000. Will ,000 purchase a decent 3 bedroom manufactured home and a septic system and well and include other fees and etc.? The homes I’m interested in are in the -70,000 range. Thats ,000 to ready the land and etc. I may be able to get 0-0k for a loan. Anyone done this process? What does it usually cost for everything in my situation?
First of all, the home wouldnt be mobile anymore. Next, the place has to be wheelchair accessible and its very easy to make one wheelchair accessible. Homes are just too expensive here.

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we bought a manufactrued home but while the finance company and the dealer where working on the paperwork they were setting the house up. we moved in and the place that sold the trailers was shut down by the FBI. The place that built the home filed bankruptcy and closed there doors, we still never got a title to get the house financed and now everyone is out of buisness,we have lived in the house for five years and own the property but how do we get a title for the house.Between the FBI who shut down the buisness and the people that were running the buisness don’t have anything or any paperwork on the house and don’t even know we have it, although they are the ones who set it up but as far as paperwork it is lost to everyone.

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Can I use a Co-Borrower too???

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I live in Charlotte and my home is in good condition. My mortgage company (Chase) will no longer refinance Mobile homes even though they currently have my loan. They say they are unable to refinance because "they just don’t do it anymore". They were unable to give me a company name to try and refinance and the companies I have contacted myself wont do it with land. That makes no since to me at all. My property/home are considered "real property". I could really use some help on this. Thank you for taking the time to read this :)

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I am a single mother of 2 and work 2 jobs but no matter how hard I work I still cant meet all the bills after car payments, insurance, food, daycare, utilities, etc. My fathers name is on this as a cosigner and I can rent a place bigger than my home for almost half of what I pay for my mortgage so this is why I am asking. My ex-husband (who also doesnt pay child support and the state isnt doing anything about it) ruined my credit so refinancing is not an option for me either (plus the fact that I owe WAY much more than it is worth). So, is forfieting it better for me? Will it ruin my fathers credit too right? What would you do in my situation? Thank you so much in advance!

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I will try to make this as brief and clear as possible. In August of 2005, my wife and I went to a mobile home dealer and looked at a mobile home. I will refer to it as mobile home A. The cost of the home was K. We filled out a credit application and signed a contract to buy mobile home A. The sales contract specified we were buying mobile home A for K. We got approved for a loan in the amount of K. I put a down payment on mobile home A, BUT on the reciept it did not show what the reciept was for, it just stated "for down payment". The mortgage company said we had to borrow the whole K or be switched into another home [or so we were told by the salesguy]. I told them I did not want to take on an K mortgage and wanted my money back. The dealership said we could have mobile home B [a smaller version of A] for K and it would only require us to borrow K for land. [did i mention we were first time homebuyers?} SO, the sales guy told me he had re-submitted a credit app with mobile home B on it [without my signature] and got us approved for that house and we needed to go find a K piece of land. Again no contract to buy home B, nor my signature on anything to do with B. SO, I went and found an acre of land for K to be rolled into the mortgage for a total of K. THEN on December 2nd of 2005, the supposed owner of the dealership came to the landsite and told us he had spoken with the city and the mortgage company and due to the size of the home [24x48] the bank would not finance it and the city wouldn’t allow a "small" doublewide due to zoning [which was bull]. The "owner" of the dealership said we had to switch into a larger home. The owner of the delaer said he had just gotten in a 2006 Fleetwood 28×60 that the bank would finance and the city would go for AND he would let us have it for K even though it listed for K. Fleetwood will be referred to as home C. SO, we were in a corner,for reasons that will take too long we took the house. AGAIN we [my wife and I] NEVER signed a new credit ap,nor was one submitted, nor did we sign a sales contract on home C [the one they delivered]. At closing, I noticed that the mortgage was made out on HOME A’s price, and had HOME B’s VIN , so told them I wouldn’t sign until my lawyer came to help us. The closing agent said she had called the bank and the bank told her to "white-out" HOME B’s VIN and put in HOME C. On several pages, the mortgage is made partially on HOME A,B and a partial VIN on HOME C. The closer said if we didn’t sign it, we would lose our downpayment, our credit would be ruined and the bank would immidiately call in the loan and they denied us having our attorney present and the dealer picked the closing place and picked the home insurance [which he was the agent]. BIG PROBLEM- in 3 years this house has NEVER had a title issued [per state records], NEVER had a lien on it [per state records and the bank is wanting to take possession of the house [foreclose] b\c [as i have told them repeatedly] they don’t know where to appy payments as there are 3 homes on the mortgage.I talked the bank into a short sale – PROBLEM title insurance could NOT be written b\c of the scew up-s on the mortgage. I had to give the VIN to our home to the bank, and the buyer [who backed out] and they foreclosed on the correct house BUT- the state says there has never been a lien on this house. I even took the VIN to my bank, and they say it shows up with no liens. I hired an attorney. The land desciption is correct. The bank said in court they were going to give us the house [C] if we moved it BUT that they "foreclosed" on the RIGHT home, so they aren’t going to do anything now. My lawyer has gotten a continuance, but is stumped. If there never was a proper lien,nor title, nor sales contract and the mortgage was OBVIOUSLY tampered with [changed] at closing- does the foreclosure over rule the fact that the bank NEVER had a proper lien ? EVEN they admitted it. OR does the foreclosure over ride it , even though the house coulldn’t be [and can't b\c of the screw ups on the mortgage] sold? It all boils down to we got approved for home A, the mortgage states we own home B [in places] with home A’s price, and it partially has Home C’s vin, but NEVER was a lien, nor title put on home C. Anyone with case law or statutes? Please help. Also, Fleetwood voided the warranty on the house 3months after we took delivery b\c they showed the house was still in inventory, AND the house was manufactured 2months AFTER the date on the reciept for the downpayment. The dealer went out of business the first time we tried to sue, also. Plese don’t send in derrogatory comments. This shouldn’t happen to anyone. Thank you.
I did take everything to the state attorney general’s office– he said he knew the owner personally and he "would never have commited such a crime" <–Atty Gen.’s words in writing. Just need to know if the mortgage is valid without a proper lien on the home and b\c the mortgage was altered. Thanks

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I am interested in purchasing manufactured homes (mobile homes) on loans, and create a mobile home park. How do I go about it? Where can I buy the houses at factory prices? What permits, licenses do I need? What kind of loans should I get? What is the minimum down payment required? I want to start with five, then use the profits to purchase more mobile homes. Must be in Ohio for the time being. With more money, I will consider other states. Another option I have thought of is apartment houses from Ritz-Craft. Advices given would be appreciated. Landlords or owners of apartments and rentals only. No people thinking they know what they are talking about, please.

And I do not want to live on the same property among the tenants.

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We recently looked at a manufactured home (mobile home on private land) which is different from a modular home. We paid 300 bucks for the inspection and then the bank decided to tell us we could not get an FHA loan for a manufactured home. Is a modular home covered by FHA loans? We found another home that is awesome, but are unsure if we can get the house or not. I could wait until tomorrow to found out the answer, but I am too impatient LOL. So can I get an FHA loan for a modular home?

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A. they aided the growth of industry in the Midwest.

B. they are still important trade routes today.

C. cities connected by this transportation network are home to heavy
manufacturing.

D. they have helped the region become the nation’s center of business and finance.

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If you are still undecided and before you answer, read this:

1) John McCain doesn’t believe we should raise taxes on anybody during a recession. Obama does and that will prolong our economic woes.

2) John McCain has been endorsed by the NRA. Barack Obama once supported a complete ban on the manufacture and ownership of handguns in America.

3) John McCain co-sponsored a bill to fix Fannie Mae and Freddie Mac back in 2005. Had it passed, we wouldn’t have had a bailout crisis. Obama took in the 2nd largest amount of money from Fannie Mae/Freddie Mac. In other words, McCain tried to fix the problem while Obama was in the back pocket of the shady operators who cost the American people over 700 billion dollars.

4) Barney Frank has promised a 25% cut in defense spending if Barack Obama gets into office. John McCain would not support that policy.

5) Both Barack Obama and John McCain publicly pledged to take public financing for their campaigns. McCain kept his word. Obama lied. If he will lie to the American people about that, what else is he lying about?

6) Barack Obama has received hundreds of millions of dollars in earmarks, including a million dollar earmark for his wife’s hospital. John McCain has never taken an earmark.

7) John McCain’s health care plan will make health care more affordable, cover more people, and will keep the market in control. Barack Obama’s plan for socialized medicine will put government bureaucrats in charge, will lead to long wait times for operations and lead to a poorer quality of health care. If you think health care is expensive now, wait until you see how much it costs under Barack Obama when it’s "free."

8) Barack Obama says he doesn’t want his daughters "punished" with a baby and that abortion is "above my pay grade." Do you think a baby is punishment? Do you think abortion is above Sarah Palin’s pay grade?

9) Sarah Palin is a conservative reformer who has taken on oil companies and her own party as a mayor and a governor. Joe Biden is a career Washington insider with no executive experience who’s most famous for gaffes, making things up, and being on the wrong side of almost every foreign policy issue from Vietnam to the surge.

10) Barack Obama spent twenty years going to an anti-white, anti-American church run by Jeremiah Wright. He didn’t go to that church for so long because he disagreed with the message.

11) John McCain once fought for our country in Vietnam. Barack Obama has never fought for anything but his own career.

12) John McCain has literally had to decide whether to go home from a POW camp or stay and be tortured. He made the right decision. Barack Obama’s first tough decision will be made in the White House.

13) John McCain pals around with Joe Lieberman, Lindsey Graham, Sarah Palin, and Phil Gramm. Barack Obama has "pal’d" around with Bill Ayers, Jeremiah Wright, Michael Pfleger, Frank Davis, and Tony Rezko. What does that say about each man’s character?

14) John McCain always holds his hand over his heart for the national anthem and has never refused to wear a flag pin after calling it a "substitute for, I think, true patriotism." Do we really want to have the first President in our history who doesn’t love his country?

15) For good or ill, John McCain is a moderate, but Barack Obama was the most liberal senator in America in 2007. Do you trust someone that liberal to run the country?

16) When there’s an international crisis at 3 A.M. and the phone rings, you can’t vote "present."

17) This is what Barack Obama thinks of Americans who live in small towns,

And it’s not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren’t like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations.

How can someone, who thinks so little of people who don’t live in big cities, truly represent all Americans in the White House?

18) Do you really want to spend the next four years listening to Barack Obama’s supporters cry "racism" every time somebody criticizes or disagrees with him?

19) The mainstream media has been more biased than at any time in our lifetimes for Obama and they’ve launched an absolutely unprecedented smear campaign against Sarah Palin — and worse yet, Sarah Palin’s family. Do you want to reward and encourage more of that kind of behavior in the future by putting Barack Obama in the White House?

20) Barack Obama is a socialist who wants to "spread the wealth around." John McCain wants to spread the opportunity around instead of making people dependent on government.

21) John McCain has promised no more bailouts. Barack Obama has not.

22) John McCain favors judges who will stick to the Constitution. Barack Obama says he wants judges with "empathy." Would you want an umpire of a baseball game who sticks to the rules or one who has "empathy?"

23) McCain has promised to balance the budget
23) McCain has promised to balance the budget in four years and whether he makes it or not, he will undoubtedly cut spending. Obama will run trillion dollar deficits. You do the math.

24) We have the 2nd highest corporate tax rate in the world and it is driving our companies overseas. John McCain wants to cut the tax to keep businesses in the U.S. and create jobs. Barack Obama does not.

25) Barack Obama will sign the Union Card Check Bill that will end the right to secret ballots for union members, thereby crippling more American industries via unionization. The unions are destroying the Big 3 automakers and the airline industry — and under Obama, they’ll be a further drag on the American economy. Furthermore, since when do we give up the right to have a secret ballot in America? John McCain opposes the Union Card Check Bill.

26) Barack Obama will sign the Fairness Doctrine into law, which is solely designed to drive conservative radio hosts off the air.
26) Barack Obama will sign the Fairness Doctrine into law, which is solely designed to drive conservative radio hosts off the air. When did we start trying to win political contests in this country by preventing our political opponents from being heard? John McCain opposes the Fairness Doctrine.

27) Barack Obama wants to force gay marriage on the whole country via the court system, which is why he favors overturning the Defense of Marriage Act. John McCain thinks marriage should be between a man and a woman, which is why he supports leaving DOMA in place.

28) John McCain favored the surge. Barack Obama did not. So, if Barack Obama had been President over the last four years, we would have already lost the war in Iraq.

29) Barack Obama wants to leave Iraq in 16 months, whether we win or not. John McCain doesn’t want to risk seeing the victory our troops have bled and died for thrown away for politics’ sake.
30) It would literally be dangerous to the future of our country to have a large Democratic majority in the House, a large majority in the Senate, and Obama in the White House.

Source; John Hawkins, Townhall.com
And yes, the indoctrinated will remain so.

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Invest in the Manufacturing Sector and Create 5 Million New Green Jobs

* Invest in our Next Generation Innovators and Job Creators: Obama will create an Advanced Manufacturing Fund to identify and invest in the most compelling advanced manufacturing strategies. The Fund will have a peer-review selection and award process based on the Michigan 21st Century Jobs Fund, a state-level initiative that has awarded over 5 million to Michigan businesses with the most innovative proposals to create new products and new jobs in the state.
* Double Funding for the Manufacturing Extension Partnership: The Manufacturing Extension Partnership (MEP) works with manufacturers across the country to improve efficiency, implement new technology and strengthen company growth. This highly-successful program has engaged in more than 350,000 projects across the country and in 2006 alone, helped create and protect over 50,000 jobs. But despite this success, funding for MEP has been slashed by the Bush administration. Barack Obama will double funding for the MEP so its training centers can continue to bolster the competitiveness of U.S. manufacturers.
* Invest In A Clean Energy Economy And Create 5 Million New Green Jobs: Obama will invest 0 billion over 10 years to advance the next generation of biofuels and fuel infrastructure, accelerate the commercialization of plug-in hybrids, promote development of commercial scale renewable energy, invest in low emissions coal plants, and begin transition to a new digital electricity grid. The plan will also invest in America’s highly-skilled manufacturing workforce and manufacturing centers to ensure that American workers have the skills and tools they need to pioneer the first wave of green technologies that will be in high demand throughout the world.
* Create New Job Training Programs for Clean Technologies: The Obama plan will increase funding for federal workforce training programs and direct these programs to incorporate green technologies training, such as advanced manufacturing and weatherization training, into their efforts to help Americans find and retain stable, high-paying jobs. Obama will also create an energy-focused youth jobs program to invest in disconnected and disadvantaged youth.
* Boost the Renewable Energy Sector and Create New Jobs: The Obama plan will create new federal policies, and expand existing ones, that have been proven to create new American jobs. Obama will create a federal Renewable Portfolio Standard (RPS) that will require 25 percent of American electricity be derived from renewable sources by 2025, which has the potential to create hundreds of thousands of new jobs on its own. Obama will also extend the Production Tax Credit, a credit used successfully by American farmers and investors to increase renewable energy production and create new local jobs.

New Jobs Through National Infrastructure Investment

Barack Obama believes that it is critically important for the United States to rebuild its national transportation infrastructure – its highways, bridges, roads, ports, air, and train systems – to strengthen user safety, bolster our long-term competitiveness and ensure our economy continues to grow.

* Create a National Infrastructure Reinvestment Bank: Barack Obama will address the infrastructure challenge by creating a National Infrastructure Reinvestment Bank to expand and enhance, not supplant, existing federal transportation investments. This independent entity will be directed to invest in our nation’s most challenging transportation infrastructure needs. The Bank will receive an infusion of federal money, billion over 10 years, to provide financing to transportation infrastructure projects across the nation. These projects will create up to two million new direct and indirect jobs per year and stimulate approximately billion per year in new economic activity.

Technology, Innovation and Creating Jobs

Barack Obama will increase federal support for research, technology and innovation for companies and universities so that American families can lead the world in creating new advanced jobs and products.

* Invest in the Sciences: Barack Obama supports doubling federal funding for basic research and changing the posture of our federal government from being one of the most anti-science administrations in American history to one that embraces science and technology. This will foster home-grown innovation, help ensure the competitiveness of US technology-based businesses, and ensure that 21st century jobs can and will grow in America.
* Make the Research and Development Tax Credit Permanent: Barack Obama wants investments in a skilled research and development workforce and technology infrastructure to be supported here in America so that American workers and communities will benefit. Obama wants to make the Research and Development tax credit permanent so that firms can rely on it when maki

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Greed?
Collapse of world trade centers?
Outsourcing of jobs?
Buying mainly foreign?
Gas prices?
Poor business practices in variable rate home loans without forgiveness?
Conspiracies?
Love of may grown cold?
Personal debt such as credit cards?
& would you agree there are plenty of things to go around… people willing to work & provide services if jobs existed… people willing to attain education if available… schools with openings for students if finances available… plenty of houses… plenty of food… plenty of manufactured goods… plenty of everything except money, cash, denaro, dollars, coinage, liquid funds… but everything else, plenty of? Plenty of resources, Plenty of water, minerals, land to farm, air to breath… etc.?
What do you say? Is it merely a dollar shortage, or how is the whole thing as you see it, in layman’s terms? & can it be corrected by proper reorganization in a way which can benefit the greater good of the people?
Can thinking outside of the box & coming up with new & creative solutions benefit the greater good of the people in any way at all? If possible, what or who will be the greatest opposed?
The reason I ask, is because good communication creates good solutions… please discuss.
Thank you.

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Are there any websites I can post my home for sale? I don’t want to go to a realtor. And I have no interest in making payments on a ,000 loan with 17.5% interest rate. Can I let it go into foreclosure? I owe more then it’s worth and i don’t have any type of updates done to it. So it doesn’t really stand out from the rest of the homes for sale in the park. If I let it go into foreclosure, and it only sells for less then I owe, will I be sued for the rest? What if I don’t have any money to pay for the rest owed on the home? Or what if I don’t pay my lot rent, and get evicted. Will I still be responsible for my mortgage payment on the home and the lot rent even though I got kicked out? I have never been 30 days late on my mortgage, but can not do anything with this high interest rate because my husband and I have bad credit. Any suggestions would help. Thanks

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My finance and I own a home together. He grew pot plants in our house and I didn’t do it myself but I knew about it. We were busted and I ended up getting a possession charge while he got a manufacturing charge. It was a terrible situation. After all was said and done he ended up in jail because he broke the rules on his probation. Now he is out again and wants to grow illegal mushrooms. Based on this information you may think I am crazy to stay with this person but my head and heart say two different things. If I move out and he grows these anyway can I still get in trouble because I am on the mortgage? What can I do to convince him this is a bad idea? I don’t have the heart to turn him in myself. He is a good person but has some stupid ideas sometimes. I have tried to talk to him and I even got rid of everything when he started it but he still decided to start it again. I am also 8 months pregnant and I cannot stop thinking about the position this puts me and my child into if we were to get caught again.

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Which of the following is the largest category of asset-backed securities?
A. Automobile Loans
B. Home Equity Loans
C. Student Loans
D. Manufactured Housing Loans

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What is the best way to get approved for a loan for a manufactured home when you already own the land? Also what’s the best company to use?

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