I wanted to buy a house and signed the "Purchase Order-New Manufactured Home" (it is not signed by DEALER) but I changed my mind and don’t want to buy it anymore. Also the loan has been approved. Can I still revoke the offer to purchase and not sign the loan??

7. (Buyers’ initials) __I didn’t initial it_________ I certify that the
manufactured home I am p.urchasing is for use as a residence.
I understand that if it is used for any purpose other than a
residence, I may be liable to the State Board of Equalization for
9. This agreement is contingent upon buyer securing loan approval and, if home is to be installed in a mobilehome park, upon park approval of tenancy.
10. Time is of the essence in this agreement.
11. In the event the manufactured home can not be delivered
and/or inspection completed within the agreed delivery time due to non-performance by the Buyer, Buyer agrees to pay (total of downpayment) in lieu of total consideration.

Technorati Tags: board of equalization, delivery time, downpayment, initials, loan approval, manufactured home, mobilehome park, state board of equalization, time is of the essence

I wanted to buy a house and signed the "Purchase Order-New Manufactured Home" (it is not signed by DEALER) but I changed my mind and don’t want to buy it anymore. Also the loan has been approved. Can I still revoke the offer to purchase and not sign the loan??

7. (Buyers’ initials) __I didn’t initial it_________ I certify that the
manufactured home I am p.urchasing is for use as a residence.
I understand that if it is used for any purpose other than a
residence, I may be liable to the State Board of Equalization for
9. This agreement is contingent upon buyer securing loan approval and, if home is to be installed in a mobilehome park, upon park approval of tenancy.
10. Time is of the essence in this agreement.
11. In the event the manufactured home can not be delivered
and/or inspection completed within the agreed delivery time due to non-performance by the Buyer, Buyer agrees to pay (total of downpayment) in lieu of total consideration.
I wanted to buy a house and signed the "Purchase Order-New Manufactured Home" (it is not signed by DEALER) but I changed my mind and don’t want to buy it anymore. Also the loan has been approved. Can I still revoke the offer to purchase and not sign the loan??

7. (Buyers’ initials) __I didn’t initial it_________ I certify that the
manufactured home I am p.urchasing is for use as a residence.
I understand that if it is used for any purpose other than a
residence, I may be liable to the State Board of Equalization for
9. This agreement is contingent upon buyer securing loan approval and, if home is to be installed in a mobilehome park, upon park approval of tenancy.
10. Time is of the essence in this agreement.
11. In the event the manufactured home can not be delivered
and/or inspection completed within the agreed delivery time due to non-performance by the Buyer, Buyer agrees to pay (total of downpayment) in lieu of total consideration.
Loan is not signed, and escrow either.

Technorati Tags: board of equalization, delivery time, downpayment, escrow, initials, loan approval, manufactured home, mobilehome park, state board of equalization, time is of the essence

The Manufactured Home is not payed for yet but the residential home and property the Manufactured Home sits on are. The problem is, the Manufactured home has increased the property taxes even though the residential home is a homestead exemption. This is in Texas. The Manufactured Home was bought 10 years ago, new, only under the condition the property it was put on was paid off… which it was… but what happens if you tell the people who initially financed the Manufactured Home to come and repossess it? Can they,or will they, put a lien on the "paid off residential home" and property? Can the company financing the Manufactured Home foreclose on the Manufactured Home, property, AND the paid-off Residential Home if they are asked to repossess the Manufactured Home? I don’t understand how the Homestead Exemption works in Texas. I am under the impression that normally liens can’t be put on Homestead Exemption property but when it comes to a Manufactured Home, the laws/rules may be different. And the paid-off residential home is still in the husband’s name, who’s deceased, and the Manufactured Home was financed in the widow’s name years after he passed away. But the residential home is still in the deceased husband’s name instead of being in the widow’s name. The company financing the manufactured home also say the Manufactured Home MUST stay at it’s present location to be financed. The Property Taxes are paid up as well as the payments on the Manufactured Home at the moment. Nothing is in default. Just wondering about the options.

So, it’s pretty confusing…
By the way, Texas is a community property state, if it matters…
The hitch to hall the Manufactured Home is still attached. As far as I know, they only removed the rubber tires. But the plumbing and electricity are hooked up to live in it, with a "permanent" electric pole beside it.

Technorati Tags: 10 years, community property state, deceased husband, electricity, foreclose, homestead exemption, manufactured home, plumbing, property taxes, quot, rubber tires, tires

I have a 1991 mobile home and 5 aches and I want to refinance. I live in michigan and can not find company to do it. Can someone help. thanks

Technorati Tags: mobile home

I own land, with a tax value of 35k. I cash purchased a single wide manufactured home, and installed a septic.
I’ve been renting for 5 years and doing this slowly. Recently was laid off and my new job has my income drastically lowered. So now I need to get this single wide set up on a permanent foundation and have a well drilled, so I will have permanent housing. I’m out of cash to do this myself.

What type of loan should I apply for ? I have searched a rural development loan, but it states I must be unable to secure financing from another lender. I have yet to apply anywhere else because I’m unsure what loan to apply for. I don’t want to apply for multiple loans and lower my credit score.

I have budgeted to finance between 15-20k

My credit history is 3 years old, with a car loan paid, revolving new car loan and a credit card.
My new job is in the same field, which I’ve been in for 7 years. I have been on this new job for 3 months. I was laid off for 3 months before finding this new job.

Technorati Tags: 3 years, credit card, credit history, credit score, development loan, loans, manufactured home, new car loan, new job, rural development

Hey I was wondering if anyone knew the average length of time/and or the max amount of time you can get on a loan for the purchase of a mobile home? Also what’s an average interest rate for fair credit? I’d apprecite the help sooo VERY much!

Thanks
Sophia

Technorati Tags: amount of time, interest rate, length of time, mobile home, sophia

them? we sent in our application monday and im sure it might take a little while, but my husband and i are soo anxious b/c we found a beautiful manufactured brand new home that we really want, and worried that it might be sold before we can get it. How long does this whole process take?

Technorati Tags: brand new home

They have never lived here. I am the only occupant who has ever lived here for almost 10 years. Is there any way of transferring ownership of the home and the property to me without raising red flags or getting murdered by taxes? I want to be able to get a home equity loan to purchase the property, do some home improvements and debt consolidations but it needs to be in my name. Any suggestions??
Um, the reason is because we haven’t done anything about it….we are trying to figure out the best way to go about it with the least amount of tax consequences. There’s no hidden agenda…

Technorati Tags: 10 years, debt consolidations, hidden agenda, home equity loan, home improvements, occupant, red flags, tax consequences

When we took out mortgage loan we took it out for a used double wide and put it on to a first floor. We are still being classified as a Manufactured Home so we are not eligible to refinance. The thing is the whole thing has been redone and its not a manufactured home, is there anyway to get this converted so we can refinance?

Technorati Tags: first floor, manufactured home, mortgage loan, redone

I just got approved for my mobile home mortgage loan today. The home is beautiful, manufacturer is Clayton, now I have people coming out of the woodwork telling me these homes are no good and they will fall apart in 15 years, and my mortgage is for 25 years. I live in a double wide now that has been sitting here since the seventies, of course it has been added on to, has vinyl siding and the siding is rock. I am scared to death now to go sign on the deal. Can anyone who lives in a double wide tell me if they are really this bad and what brands are the best? They will be moving this home to my land if that makes a difference.

Technorati Tags: home mortgage loan, mobile home mortgage, seventies, vinyl siding, woodwork

I recently started the refinancing process of my home, located in Charlotte, and now have told that it must meet the HUD foundation requirements for manufactured homes. I have lived in my home for years with no problems, so what are these requirements and why are they needed?

Technorati Tags: foundation requirements, hud, manufactured homes, refinancing

My wife and I have a combined income of ,000.00. We want to buy a manufactured home as well as a piece of land with utility hookups available to put it on. We are looking for one loan to cover two purchases. Since I’ve never bought a home before can I get a loan from the government and if so how do I go about getting it?

Technorati Tags: manufactured home, utility hookups