cbass1017
Contributing Member
Cash: $ 4.95
Posts: 37
Joined: 18 Jan 2008
Location: PA |
House buying situation |
|
|
I am currently renting a home that is for sale by an estate. The executor to the estate has already agreed to sell the home to us but there is also a mobile home on the lot that the executor's daughter is currently living in. Although she has agreed to move out of the mobile home within 2 yrs and the executor will have it removed at her expense, I really want to buy the home now so I can start making renovations. I've spoke with a few mortgage companies who said they won't do a mortgage because of the mobile home. Is there any programs out there specifically for my type of situation?
Sorry for the short story there...
|
Fri Feb 01, 2008 2:38 am |
|
|
cbass1017
Contributing Member
Cash: $ 4.95
Posts: 37
Joined: 18 Jan 2008
Location: PA |
The easy answer is to just let the (26yr old) daughter move back in with her parents(executors), remove the mobile home and let us buy the house. Once the mobile home is gone I would have no problem getting a mortgage for this house. I just wish the mortgage companies would understand that the mobile home won't be here forever. They are even willing to write into the contract that she'll be leaving and the mobile home will be gone within two years.
I guess maybe I need a little more patience...
|
Fri Feb 01, 2008 12:41 pm |
|
|
fred333
Member
Cash: $ 3.85
Posts: 19
Joined: 07 Feb 2008
Location: USA |
I would have a lawyer be involved in the situation and draw up a nice contract with all of your requirements.
|
Fri Feb 15, 2008 3:11 pm |
|
|
dhruti10
New Poster
Cash: $ 0.40
Posts: 2
Joined: 07 Oct 2010
|
Real Estate |
|
|
If you have recently decided to purchase land to build on, whether it be for a home or a business, you will find there is a lot to think about. Every piece of land you look at may not be suitable for your needs. Buying a piece of land without doing the proper research is risky. You could end up with a piece of land that you can not build on and one that you have a difficult time selling. So you should know the full data before purchasing a land or home.[deleted]
|
Thu Oct 07, 2010 9:42 am |
|
|
turtleAB
Member
Cash: $ 4.60
Posts: 23
Joined: 03 Oct 2010
|
yup be patience, you will got
|
Fri Oct 08, 2010 7:37 am |
|
|
wringle
Member
Cash: $ 1.40
Posts: 18
Joined: 28 Oct 2010
|
We are signing a six-month lease to rent it, and after the six months, if things are satisfactory to us and the owner, we will discuss buying it on contract. I would like to know what sort of standard contracts are written up when that happens.
|
Fri Oct 29, 2010 5:40 pm |
|
|
bannerbuzz09
Contributing Member
Cash: $ 6.20
Posts: 27
Joined: 16 Dec 2010
|
If we to buy a house and sale a house. first we want to find a customer. for finding a customer if we use a banners and signs so we will get more inquires for house selling.
|
Tue Jan 11, 2011 9:29 am |
|
|
buziness2011
Contributing Member
Cash: $ 6.60
Posts: 33
Joined: 06 Jan 2011
|
MOst mortgage companies wont touch mobile homes because they dont make much money from their investment. I would find a private fix-up company who can assist the renovation then turn around and sell it for a small profit.
|
Tue Jan 11, 2011 7:21 pm |
|
|
oldguy
Senior Member
Cash: $ 751.85
Posts: 3656
Joined: 21 May 2006
Location: arizona |
Well, it's now 3 yrs later - I wonder what he did?
|
Tue Jan 11, 2011 7:50 pm |
|
|
buziness11
Member
Cash: $ 3.20
Posts: 16
Joined: 17 Jan 2011
Location: USA |
wonder of 6 years later from now.
|
Thu Jan 20, 2011 3:28 pm |
|
|
Walter Sanchez
Member
Cash: $ 2.00
Posts: 10
Joined: 18 Jan 2011
|
Well mortgaging becomes a problem while the property owns a mobile house however, I am sure you will get the perfect solution. My suggestion is why don't you try to grab the consultation of a professional ! Am sure you will be benefited!
|
Mon Jan 24, 2011 5:51 am |
|
|
moneymakerclub
New Member
Cash: $ 0.80
Posts: 4
Joined: 25 Jan 2011
|
that's a twisted situation wow
|
Tue Jan 25, 2011 8:40 pm |
|
|
secretshopper
New Member
Cash: $ 0.60
Posts: 3
Joined: 26 Jan 2011
|
Hopefully he didn't do it!
I see his website is down. Not a good sign!
|
Wed Jan 26, 2011 4:45 pm |
|
|
Marcelbrowner
Member
Cash: $ 2.00
Posts: 10
Joined: 27 Jan 2011
|
Its a "no go" situation.
I suggest you find a new house to buy...
Cheers!
|
Thu Jan 27, 2011 3:03 pm |
|
|
savana
Full Member
Cash: $ 19.20
Posts: 92
Joined: 19 Aug 2010
|
Buying new house can be better if such situations happens in some other life. As I am very late replying to this thread and I think he better got the solution now!!
|
Tue Feb 22, 2011 10:05 am |
|
|
|