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	<title>Comments on: Selling Mobile Home on my own?</title>
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	<link>http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/</link>
	<description>Buy Or Sell Your Home Like A Pro!</description>
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		<title>By: Buy Home Bad Credit</title>
		<link>http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/comment-page-1/#comment-130</link>
		<dc:creator>Buy Home Bad Credit</dc:creator>
		<pubDate>Sun, 11 Oct 2009 21:34:25 +0000</pubDate>
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		<description>&lt;a href=&quot;http://noqualifyingnocredit.com/&quot;&gt;House For Sale By Owner&lt;/a&gt;


Your mobile home is probably your biggest asset. DO NOT TRY TO SAVE A FEW $$$ WHEN YOU SELL IT !!!

Do it right, go to a real estate attorney who will help you with the contract and will consult you about the loan etc.

It should not cost you more than $500-600.

You can also go to the park manager and ask them how should you do it. I&#039;m sure they did this a hundreds time. You can pay them to represent you.</description>
		<content:encoded><![CDATA[<p><a href="http://noqualifyingnocredit.com/">House For Sale By Owner</a></p>
<p>Your mobile home is probably your biggest asset. DO NOT TRY TO SAVE A FEW $$$ WHEN YOU SELL IT !!!</p>
<p>Do it right, go to a real estate attorney who will help you with the contract and will consult you about the loan etc.</p>
<p>It should not cost you more than $500-600.</p>
<p>You can also go to the park manager and ask them how should you do it. I&#8217;m sure they did this a hundreds time. You can pay them to represent you.</p>
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		<title>By: Buy Home No Qualifying</title>
		<link>http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/comment-page-1/#comment-129</link>
		<dc:creator>Buy Home No Qualifying</dc:creator>
		<pubDate>Sat, 10 Oct 2009 18:50:09 +0000</pubDate>
		<guid isPermaLink="false">http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/#comment-129</guid>
		<description>&lt;a href=&quot;http://noqualifyingnocredit.com/how-to-buy-a-home-with-no-credit-check/&quot;&gt;Buy Home No Credit&lt;/a&gt;


John is wrong. Mobiles in parks ARE Real Estate in some states. Check with your lawyer. Use a lawyer if you don&#039;t want to pay an agent. Don&#039;t rely on info from here.</description>
		<content:encoded><![CDATA[<p><a href="http://noqualifyingnocredit.com/how-to-buy-a-home-with-no-credit-check/">Buy Home No Credit</a></p>
<p>John is wrong. Mobiles in parks ARE Real Estate in some states. Check with your lawyer. Use a lawyer if you don&#8217;t want to pay an agent. Don&#8217;t rely on info from here.</p>
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		<title>By: sell+home+fast</title>
		<link>http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/comment-page-1/#comment-128</link>
		<dc:creator>sell+home+fast</dc:creator>
		<pubDate>Fri, 09 Oct 2009 02:23:31 +0000</pubDate>
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		<description>&lt;a href=&quot;http://noqualifyingnocredit.com/sell-your-home-fast/&quot;&gt;Sell Your Own Home&lt;/a&gt;


I am assuming that the mobile home is not on a permanent foundation and therefore it is still considered a motor vehicle, if so then it&#039;s personal property and all you need to do is to complete a chattel contract purchase agreement subject to financing and approval of buyers by the park. Take the agreement to a title company and they will complete the transaction for you. Make sure to disclose any defects and conditions of the home that you are aware of and assuming that they will qualify in both subject to areas, it will get done for you by the title company. Ask the title company how much they will charge to do the closing. Remember that if they want to purchase the home and qualify but don&#039;t get approved by the park they can always move it. Also you will need to review your lease/rental agreement with the park to see what it says about assignment of the lease or the requirements to create a new lease in the event of a sale.
You could talk to an attorney to draft the purchase agreement, it should not be very expensive.
Buena Suerte</description>
		<content:encoded><![CDATA[<p><a href="http://noqualifyingnocredit.com/sell-your-home-fast/">Sell Your Own Home</a></p>
<p>I am assuming that the mobile home is not on a permanent foundation and therefore it is still considered a motor vehicle, if so then it&#8217;s personal property and all you need to do is to complete a chattel contract purchase agreement subject to financing and approval of buyers by the park. Take the agreement to a title company and they will complete the transaction for you. Make sure to disclose any defects and conditions of the home that you are aware of and assuming that they will qualify in both subject to areas, it will get done for you by the title company. Ask the title company how much they will charge to do the closing. Remember that if they want to purchase the home and qualify but don&#8217;t get approved by the park they can always move it. Also you will need to review your lease/rental agreement with the park to see what it says about assignment of the lease or the requirements to create a new lease in the event of a sale.<br />
You could talk to an attorney to draft the purchase agreement, it should not be very expensive.<br />
Buena Suerte</p>
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		<title>By: Buy Home No Qualifying</title>
		<link>http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/comment-page-1/#comment-127</link>
		<dc:creator>Buy Home No Qualifying</dc:creator>
		<pubDate>Thu, 08 Oct 2009 23:23:41 +0000</pubDate>
		<guid isPermaLink="false">http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/#comment-127</guid>
		<description>&lt;a href=&quot;http://noqualifyingnocredit.com/&quot;&gt;Sell By Owner&lt;/a&gt;


The MH is considered personal property when it is in a park. No land so it is not real estate. What you are selling is almost the same as a car. The process will be very similar. You agree a sales agreement (does not need to be anything fancy) and when they pay you transfer the title. The agency that the title is registered with will have the forms. If you have a loan now then the title is held by the lender but it is registered at the agency (you are listed as the owner and they are listed as the lien holder).

The sale of a MH in a park is not the same as selling real estate. Hence the process used to sell real estate does not apply. No deeds, not recording of the deed, no need for a notary in most states. 

Note that when dealing with a used MH many lenders will not consider making a loan if the unit is more than 5 years old. Also the value they might be comfortable with if they would make the loan is likely to be lower than what some buyers will pay.

The logic is a MH in a park is hard to sell. Hence a lender could get stuck with the property and then have the same problem. Your experience with the slow sales process confirms this. It also confirms that most RE agents want nothing to do with MHs so their clients are rarely going to be interested. Mostly because they are trained in selling real estate and a MH in a park is not real estate.

One exception. If the park is a condo park where you own the land then the MH and the land are sold as a unit and that would be real estate transaction.

The link below does have a special area for MH investors. Some information will be there (and people to raise questions with) if you need some leads for lenders. Your present lender might be agreeable to making a new loan to the buyer so that is a good start. I know a number of the investors in the forum. They make their money by being a cash buyer and then selling on terms to their buyer. They expect a deep discount as a cash buyer and then sell closer to retail (if there is such a thing for used MHs) by offering terms to the buyer. They deal with their own foreclosures.</description>
		<content:encoded><![CDATA[<p><a href="http://noqualifyingnocredit.com/">Sell By Owner</a></p>
<p>The MH is considered personal property when it is in a park. No land so it is not real estate. What you are selling is almost the same as a car. The process will be very similar. You agree a sales agreement (does not need to be anything fancy) and when they pay you transfer the title. The agency that the title is registered with will have the forms. If you have a loan now then the title is held by the lender but it is registered at the agency (you are listed as the owner and they are listed as the lien holder).</p>
<p>The sale of a MH in a park is not the same as selling real estate. Hence the process used to sell real estate does not apply. No deeds, not recording of the deed, no need for a notary in most states. </p>
<p>Note that when dealing with a used MH many lenders will not consider making a loan if the unit is more than 5 years old. Also the value they might be comfortable with if they would make the loan is likely to be lower than what some buyers will pay.</p>
<p>The logic is a MH in a park is hard to sell. Hence a lender could get stuck with the property and then have the same problem. Your experience with the slow sales process confirms this. It also confirms that most RE agents want nothing to do with MHs so their clients are rarely going to be interested. Mostly because they are trained in selling real estate and a MH in a park is not real estate.</p>
<p>One exception. If the park is a condo park where you own the land then the MH and the land are sold as a unit and that would be real estate transaction.</p>
<p>The link below does have a special area for MH investors. Some information will be there (and people to raise questions with) if you need some leads for lenders. Your present lender might be agreeable to making a new loan to the buyer so that is a good start. I know a number of the investors in the forum. They make their money by being a cash buyer and then selling on terms to their buyer. They expect a deep discount as a cash buyer and then sell closer to retail (if there is such a thing for used MHs) by offering terms to the buyer. They deal with their own foreclosures.</p>
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		<title>By: Sell By Owner</title>
		<link>http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/comment-page-1/#comment-126</link>
		<dc:creator>Sell By Owner</dc:creator>
		<pubDate>Thu, 08 Oct 2009 05:56:50 +0000</pubDate>
		<guid isPermaLink="false">http://noqualifyingnocredit.com/selling-mobile-home-on-my-own/#comment-126</guid>
		<description>&lt;a href=&quot;http://noqualifyingnocredit.com/how-to-buy-a-home-with-no-credit-check/&quot;&gt;Buy Home No Qualifying&lt;/a&gt;


phone lawyers , and notaries..
they will give you a price to write up a contract..

i assume the finance is in order.. and park approval...
the lawyer and notary will want to know that..

you simply need the names address and phone number and that the bank is going to finance...
then call.....and you will have to pay..for the discharge and the contract.........the lawyer/notary will tell you

what else to bring in...

you really feel creative you can try to write your own contract...
you can download the documents...but the lawyer/notary will correct it anyhow..........(but it may amuse the lawyer/notary to see a novice contract)
great that you have gone this far...and keep at it...</description>
		<content:encoded><![CDATA[<p><a href="http://noqualifyingnocredit.com/how-to-buy-a-home-with-no-credit-check/">Buy Home No Qualifying</a></p>
<p>phone lawyers , and notaries..<br />
they will give you a price to write up a contract..</p>
<p>i assume the finance is in order.. and park approval&#8230;<br />
the lawyer and notary will want to know that..</p>
<p>you simply need the names address and phone number and that the bank is going to finance&#8230;<br />
then call&#8230;..and you will have to pay..for the discharge and the contract&#8230;&#8230;&#8230;the lawyer/notary will tell you</p>
<p>what else to bring in&#8230;</p>
<p>you really feel creative you can try to write your own contract&#8230;<br />
you can download the documents&#8230;but the lawyer/notary will correct it anyhow&#8230;&#8230;&#8230;.(but it may amuse the lawyer/notary to see a novice contract)<br />
great that you have gone this far&#8230;and keep at it&#8230;</p>
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