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Home Selling in 92626 : Real Estate Advice

  • All22
  • Local Info0
  • Home Buying6
  • Home Selling4
  • Market Conditions2

Activity 4
Tue Aug 2, 2011
Alyssa Parisette answered:
Hello,

Renting it out is always an option, otherwise you can try speaking to your lender about loan re modification, although that sometimes takes forever depending on the lender. It sounds like now is not the optimal time to try to sell unless you have a buyer that's willing to pay cash in the difference of the appraisal price.
Another option would be to try to short sell the mobile home and get a pre-approved selling price from the bank.
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Mon Aug 1, 2011
John Arendsen answered:
If you're in a rental park you may find it quite difficult to sub lease as most parks have rules and regs that prohibit this. You may be better off just finding someone who would be willing to take over your payments if your lender (legal owner) would allow them to replace you as the registered owner. I have been doing this for years as an owner/lender of MH's with a reasonable degree of success.

If you should find someone to take over your payments you must first make sure the park management accepts their application to rent/lease. You would have a real mess on your hands if you found that the person who you found to take over your payments became the registered owner and then wasn't accepted by the park management. I've actually seen this happen..
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Mon Jul 11, 2011
Abie Chehade answered:
the best deal is to get rid of it... short sale for the right price...
that way you have no headaches from either the ex nor the property.. start new life.

email me if you have any other questions.

Thanks.

Abie chehade
veranda homes
achehade@aol.com
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Thu Jun 2, 2011
Karen Parsons Fiddler answered:
Hi Nancy,

How did it all turn out? Did you close? I see that this question is from January? I hope it turned out ok for you....

Karen
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