Financing in Buckeye>Question Details

chrisgthiel, Renter in Buckeye, AZ

Is it possible to buy a manufactured home while we are going through a short sale on our current home? If so, how much would the down payment be?

Asked by chrisgthiel, Buckeye, AZ Sat Apr 13, 2013

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5
Jennie Miller PLLC’s answer
It may be possible but it will likely be difficult to get traditional financing. You could consider a home that the seller do a seller carryback loan. You you started looking for a new home yet?
0 votes Thank Flag Link Sun Apr 14, 2013
It is often very difficult to get traditional financing from a lender when you have an active short sale. You could consider purchasing a home that offers seller carry terms
0 votes Thank Flag Link Sun Apr 14, 2013
It is often very difficult to get traditional financing from a lender when you have an active short sale. You could consider purchasing a home that offers seller carry terms
0 votes Thank Flag Link Sun Apr 14, 2013
Dear Chris:

No, not with a mortgage loan for 2-3 years. Yes, if you are paying cash or have a down payment for a Seller May Carry interim financing home for sale or have a family member that can co-sign for you.

Jeffrey Masich, Realtor, GRI, MBA
HomeSmart
Arizona homes and land for purchase or sale
http://ArizonaHomesLand.com
JeffMasich@ArizonaHomesLand.com
480-556-0940.
0 votes Thank Flag Link Sat Apr 13, 2013
Hello Chris,

Contact:
Eric North
Arizona Wholesale Mortgage
(602)524-2454

His specialty is Manufactured Home Loans.

Have a GREAT evening and weekend!
0 votes Thank Flag Link Sat Apr 13, 2013
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