Archive for September, 2010

We are moving into a house but the lot where the mobile home sits is rented and the mobile home cannot stay there unless it is in the name of the person living in it. Unfortunately there is still a mortgage owed and no one who has looked at it can have it refinanced. Would adding someone to the title remedy this problem and they just pay us the mortgage payment and we pay to the mortgage place? What options do we have?!
Are there any suggestions as to what to do with it?? We need it sold ASAP!

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I am buying a manufactured home in a upscale park in California, looking for a lender with the lowest rate of interest with good customer service for the long haul. I am not buying the land, just renting the land, so need a loan for only the home.

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it sits on a foundation its in every good shape its a 1989 my loan would be about 40,000 and its in good shape
and i would like to know a loan place that does that gives mortgages

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We live in a manufactured home that is approximately 13 years old. We have just found out that we have a "50 year roof" but that 2 skylights were not installed properly and are causing leaks. We don’t have the money to replace the roof and skylights and cannot get a loan to cover the expense. What can we do to minimize the damage of the leaks? Neither my husband or I have the skills for doing the reroof ourselves.

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my daughter is buying a piece of property from us. we want to keep the property in our name until she pays us back! how can this be done in the state of florida? we would like to write a mortgage and record it as it would help her credit.

bob

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Long story short- five years ago I was a stay at home mom, living in an apartment in one of the most expensive areas of the US. you could not buy a 2 bedroom house for less than 0,000, so my husband and I bought a three bedroom 2 bath manufactured home which has been great. We have been approved to buy a house and have the down payment and were counting on the management buying our house and then renting it out which they have done many times in the past. The problem is that they gave me such a low offer on my home it was insulting and not even half of what I could sell it for. We are not able to sub lease ( we rent our land and pay mortgage on the home) and would love to rent it out but cant. I also know that no one will buy it right now because the payments would be the same as house. I am seriously considering just buying a house and letting them foreclose on my modular. I know it would screw up my excellent credit which my husband and i have always worked hard to maintain. but I just know now is the time to buy and by the time I sit around and wait for someone to buy my house, home prices will be back up again. Is this a reasonable thing to consider? my options are so limited and I am trapped in my current loan! Any good ideas or suggestions? i am willing to do anything to get out from under this and into a house I have always wanted.

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I paid the lender a 0 check towards closing costs but the lender has failed to close due to title issues(manufactured home title) do I get this back from them due to the fact they never actually closed on the loan?

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