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I apologize I’m not able to give you an easy black or white answer. I have seen both things happen however only rarely would a park keep you on the hook knowing that you have moved away. If you have any follow-up questions or concerns please never hesitate to reach out any time. It would be very similar to a mechanic placing a “mechanics lien” on your vehicle, however in this case it will be a lien for default of payment. The important thing to know is that once this lien is placed the lien holder may then easily repossess the mobile home or automobile with little recourse from the owner.
Unfortunately banks don’t usually listen to normal people unless helped by an attorney. First off let me say thank you for coming to this page and reaching out for further info. From my experience I will be happy to help you with my advice and moving forward. Thank you for commenting and reaching out to me in this matter. First off I am glad you have found a home to purchase and that you like. Congratulation on finding a home you really love and are able to purchase for cash.
Comments
To me that doesn’t sound right, I would think that would be his responsibility as he is the one that agrees that it was paid off. I already have the title but it’s not in my name yet. It sounds like you are still in control of the Title. Is your name is listed on the Title as “Owner”? If this is the case then I advise you to resell the home to someone else for a profit or break even sale. Make sure you go to the local government agency with the new buyer to verify the transfer ownership from you to them is complete.
You should be present in PA or Fl to make sure you are listed as lien holder. Once you are lien holder you will receive the title back from the state to hold until the owners have paid you in full. I financed a mobile home from a local company called mid america housing systems. I paid off the trailor about 5 years ago and kept calling the agent asking for the title and he never released it to me.
All About the Closing Process
Or perhaps the folks selling you the home were offsetting another cost and calling it a “state tax”. With all of these things said this fee should have 100% been disclosed when you are signing contracts to purchase the home. I hope this helps and points you in the right direction of the local experts that can research the deed or title number of the home and get to the bottom of this issue for you. If you have any follow up questions don’t hesitate to reach back out.
If you purchase the home you should hopefully get a discounted price or free lot rent for a while to help with rehab costs. Lastly, before you purchase the home make sure to call the utility companies to make sure an inspection is not needed prior to turning on power or gas. If this is the case this may open a can of worms that may cost you a lot to rewire an entire home especially if there is no furnace. As always, if you ever have any follow-up questions or concerns never hesitate to reach out any time.
Manufactured Home FAQs
I hope this at least helps to give you some feedback and at least point you in the right direction. If you have any follow-up questions or concerns please never hesitate to write back. Please keep us in the loop and I would love to hear that this all worked out for you. Thank you for reaching out on this matter and I’ll be happy to help where I can.
I’m so sorry that you are going through this right now. You obviously done considerable work to this home and tried your hardest to proceed legally to get the home retitled in your name for some time. With that said, you never truly “purchased” the home from the seller/owner of the property. It is for this reason that the current owner on title has the ability to evict you from his property. With this said an eviction will have to go through the court process and will cost the owner some money. This may likely be an empty threat, however the owner of the home could absolutely be truthful about evicting you if he is as much of a dirt bag as he sounds like he is.
Checklist for Closing your Home for the Summer!
In addition you mentioned that their is a lien on the home but not owned by you. You should be listed as owner if there is a lien on the home. Unless there was a previous lien that the current owner is still paying off too.
Your site and your personal communications guided me in just what was needed. This has been a long process, but thanks to your help we’re signing papers tomorrow! I was very aprehensive when the seller took out a piece of notebook paper to write up the contract.
A big thing to consider is who will purchase your mobile home knowing that it has to be removed. You will want to call around to parks within your state and area to see if they’re interested in purchasing the home to move to their park. Additionally, nearby dealers and investors may be interested in your home as well.
In 2012 you should have demanded a transfer of Title from the park owner at the same time you were paying for the home. I know you know this now however I say it for the benefit of anyone else reading this comment. My thought is that if you trust this park then proceed only after you insist they have the money for you at the time you sign over the Title. If you where selling a car and your buyer went to the bank you would receive your money at the same time as you sign over the Title.
Will you be allowed to add a mobile home to your existing lot? Or will you have to subdivide the lad first? If you are in the county with will be easier than in the city, in most cases. Call the local code department of government to ask for your particular piece of property. Let me know if you have any further thoughts of questions. Keep me in the loop and let me know if you have any other specific questions.
Use a Title company and if you have any other questions don’t hesitate to email me or comment again. You are certainly in the position of power because you are still the owner of the property. I mention all this however you should definitely not do it. Do make sure you call up the Department of Motor Vehicles to double check the title has not been changed. It certainly is disrespectful and lazy for these buyers to not transfer the title.
The realtor said her fee was 3% now she is changing it to 10% and she wants the money before the closing/before funds of house get transferred to the account. Should we the sellers be responsible for paying this out of our own account? Shouldn’t it come from the proceeds of the manufactured home. Wanted to clarification because I’m unsure if this being manufactured is a different process than single family home buying/selling. Now that you know a little bit more about the process let me fill you in on what will likely happen next.
I hope this gives you some clarity and helps point you in the right direction. Again I regret that this is happening to you. Additionally, many mobile home park owners try to sell their mobile home parks without letting residents know until the very end. Keep in mind that just because a mobile home park cells does not mean it will close. If the mobile home park is making the owner money then the owner may simply be selling to another mobile home park buyer that wishes to keep the park just as it is.
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