The adjuster came out and said State Farm would decide on a repair figure on the home and contents, then apply applicable depreciation and cut them a check. There is a loan against the property. I don’t believe my parents will have enough to properly repair the home since the State Farm adjuster is representing the interests of the insurance company. Are we entitled to have independent adjusters come in for other assessments? One of these independents came in behind State Farm and told us he could get us a better deal with commissions being paid by State Farm on the dwelling, and my family from the contents portion of the settlement. He showed ID that he was licensed by the CA Dept of Insurance. I am the most concerned about the dwelling because if they total it, my parents won’t get enough to replace it. They needed to sell them home this July because of a decrease in income. The claim now needs to be disclosed to a buyer. We want a new manufactured home instead of repair.

Technorati Tags: ca dept of insurance, commissions, depreciation, dept of insurance, dwelling, home and contents, independent adjusters, independents, insurance, insurance company, manufactured home, parents, state farm

The adjuster came out and said State Farm would decide on a repair figure on the home and contents, then apply applicable depreciation and cut them a check. There is a loan against the property. I don’t believe my parents will have enough to properly repair the home since the State Farm adjuster is representing the interests of the insurance company. Are we entitled to have independent adjusters come in for other assessments? One of these independents came in behind State Farm and told us he could get us a better deal with commissions being paid by State Farm on the dwelling, and my family from the contents portion of the settlement. He showed ID that he was licensed by the CA Dept of Insurance. I am the most concerned about the dwelling because if they total it, my parents won’t get enough to replace it. They needed to sell them home this July because of a decrease in income. The claim now needs to be disclosed to a buyer. We want a new manufactured home instead of repair.

Technorati Tags: ca dept of insurance, commissions, depreciation, dept of insurance, dwelling, home and contents, independent adjusters, independents, insurance, insurance company, manufactured home, parents, state farm

The manufactured home with land in Minnesota. We have 620 middle score and have 10-15%downpayment. Is there anyone out there that can do this loan.

Technorati Tags: downpayment, manufactured home, score

My wife and I have existing debt (Some credit card, auto loan -mostly paid off w/ equity-, and student loans). Can we get a first time home loan with 0 down, and consolidate our debt into that loan? All together comes to about ,000

I am a veteran and am qualified for a VA loan more than likely
We have decent/good credit.

Also we are looking at a manufactured home with land combo valued at 0,000 … In a growing town in Washington state.

We make aprox ,200 together a month.
What if it appraises at higher?
So how is it determined how much it is that you get in your loan?

Technorati Tags: auto loan, card auto, credit card, first time home, home loan, manufactured home, student loans, veteran, washington state

Just some quick background info: My mom has a home on about 1-2 acres of land. We were hoping to order a manufactured home to put directly behind her house on HER property. The bank says that the land must be in OUR name in order to get a loan. Meaning my mom would have to deed us part of her property (which she doesn’t necessarily want to do). My question is, in order to get ANY kind of mortgage loan, does the land HAVE to be in our name? Or is there some kind of provision my mom can sign giving us permission to do this?

Technorati Tags: background info, manufactured home, mom, mortgage loan, provision, there some kind

I have a FHA refinanced (deed of trust) mortgage on a manufactured home in California, Due to cutbacks at my job I am not able to make the payments anymore. Can anyone tell me how to find out if my loan is non-judicial? Meaning how do I know for sure that the bank will not come after me if they are not able to recoup get the money owed on my loan.
What steps should I take to ensure I will not have to pay anything.
Thank you very much for your detailed answer, you have made me feel a little better about my situation.

Technorati Tags: deed of trust, fha, job, manufactured home, money, trust mortgage

We are considering buying a manufactured home. We dont own land to put it on. Is it possible to buy and acre or so of land and a manufactured home at the same time? Would we need to get a seperate loan for each or can/should we combine the home and land into the same loan?

Im sure there are factors that I havnt considered so any helpful insights are welcome.
I know that manufactured hoems dont hold value. Our plan it to buy a large enough plot of land to build a home later on. Once the new home is built we would rent out the manufactured home. We would not have to worry about trying to sell it later on.

Technorati Tags: hoems, insights, manufactured home, plot of land

i live in west virginia. i am wanting to buy a manufactured home. can i get an FHA loan?

Technorati Tags: fha loan, manufactured home, west virginia

have a client who owns a peice of land and wants to buy a manufactured home and affix it to a foundation on the land…looking for possible FHA lender such as Taylor Bean, Wells Fargo who might dabble in FHA Construction loan

Technorati Tags: construction loan, fha lender, manufactured home, peice, taylor bean, wells fargo

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 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

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

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

I have loaned money to someone and in return they gave me their title to their manufactured home which she is trying to sell. The title is signed by the previous owners but not dated and not signed by the person I loaned the money to. The park that it is located in has filed a landlord complaint too. So should I file a lien before they do? I do have title and a handwritten note signed by her stating she owes me the money.What is the best thing to do to protect my money?

Technorati Tags: handwritten note, landlord, manufactured home, money

My husband and I are getting a manufactured home. I called an insurance agent to get a quote and they asked me if we needed to insure the purchase price of the house or the total loan. I have no idea. We borrowed money for the house, basement, septic, well, running electricity and excavation. Should we be insured for the total loan or just the house?

Technorati Tags: electricity, excavation, insurance, insurance agent, manufactured home, money

I also have a manufactured home.

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Hello,

I was wondering if I would be able to get approved for a loan for a manufactured home around ,000. My wife and I are wanting to get a double wide and put it on some land that my family owns. I don’t have great credit. We went through a foreclosure about a year ago, so I was wondering if we would be able to get approved for a double wide. We also don’t have any land in our name, so we wouldn’t be able to put that up. We are planning on trying to save about 20% to put down on the home. Do you think we’ll be able to get approved?

Thanks in advance

Technorati Tags: foreclosure, manufactured home, thanks in advance

I recently built a manufactured home on an FHA Title II loan (meaning the home and the land are tied together).

I know that it is extremely difficult to untie the two, but is it even possible?

I am trying to see if it would be feasible of me to move my home or if I would just have to sell it on the property as is and get another home. What kind of paperwork would be involved?

Technorati Tags: fha title, manufactured home, paperwork