Borgesvon, Home Buyer in San Diego, CA

do i have to pay for land where the mobile home situated ? how does this work ? the price include the manufacture home only ?

Asked by Borgesvon, San Diego, CA Sun Oct 27, 2013

Help the community by answering this question:


Check the contract and it should tell you what is included. For mortgage help, call or email for a free pre-approval in less than 10 minutes. We lend our own money and are licensed in 49 states.

We can do: FHA, Conventional, USDA, VA, HARP, Interest Only, Home Equity, Fixed, and Variable. Find out which product is right for you by calling Brad at (855) 415-5626.

Brad Neumann
Sr. Loan Officer
Crosscountry Mortgage Inc.
Toll Free: (855) 415-5626 ext. 5734
NMLS# 948036
0 votes Thank Flag Link Thu Nov 7, 2013
Great answers. Do bear in mind that financing for a manufactured home on a rented space in extremely limited. It is not at all uncommon for the sale to be cash only on rented space.

On the other hand, if you want financing for your new home purchase, the property will need the following characteristics:

Owner occupied
Permanent foundation
Owned, not leased/rented land
Built after June 15, 1976
Minimum 800 sq. ft. and double or triple wide.
Credit wise, I need a 660 mid score.

Wish you all the best,

NMLS #279125
WJ Bradley

"We Listen. We Care. We Deliver."
0 votes Thank Flag Link Thu Nov 7, 2013
Sometimes you can buy the land with the house, other times you have to rent the land from the park owner.
0 votes Thank Flag Link Tue Nov 5, 2013
Ryan is correct, call him for the details.

J.R. Thrasher
0 votes Thank Flag Link Tue Nov 5, 2013

Ryan has this 100% correct. We would suggest you contact him to get the answer you requested (if you have not do so already).

Best of luck,

Mark & Kari Shea
Shea Real Estate
National Association of Realtors
CA BRE License 01713506
0 votes Thank Flag Link Mon Oct 28, 2013
It depends on the park some include the land and others rent the space to the owner of the mobile or manufactured home
Which park are you referring to? I can tell you if it includes the ownership of the land
0 votes Thank Flag Link Sun Oct 27, 2013
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