In order for a trustee to sell a property in a trust, they need to supply the title and escrow companies a copy of the trust and an original death certificate of the person(s) originating the trust. The title company will determine rather or not they can transfer title of the property and issue a title insurance policy. If they cannot, the property may have to go through probate to be sold. You mentioned that the trust was terminated. It is hard to say what impact this will have on the process.
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Hello Marco, the single family homes in 96021 zip code start from 159k for 3bd 2ba home. Are you looking to pay cash or do you need financing?
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Pay up your active accounts first making sure that u don't go over 30% of your overall credit limit. Always pay your credit cards on the same day every month before the due date. As far as collections u can first try and dispute the accounts by checking the info and making sure it's accurate. 1st request all documentation and be sure they send the contract with your Signiture for each account. Don't sound mean just concerned. If they don't have the proper documentation you can request they delete this from your credit report. If they do provide proper documentation then mention you are not able to pay the entire balance but agree to pay a percentage of each delinquent account and before you send the money or make a payment get in writing from the company that if you agree to pay this amount they will delete the account completely.... more
The price range of home sales in 2011 for 3 bedroom 2 bath homes ranged from $75,000 to $135,000. To give an accurate answer more detail is needed i.e. address of subject property and purpose of needing a value from 2011. 2012 was the year of stabilization. 2013 is now seeing appreciation in home prices.... more
You really should start with the park manager of the park/communities you are interested in. You will have to fill out an application and be approved by them before you even make an offer on a manufactured home in a rent/lease park/community.
I would definitely make sure about the year the MH was built. Have the RE agent show you proof via registration info. Be wary of any manufactured home built before June 15, 1976 as they are "PRE HUD" homes and will be very difficult if not impossible to finance. Additionally many if not most PRE HUD homes were built using caustic and carcinogenic chemicals i.e. formaldehyde and asbestos.
But before you purchase any manufactured home you should have the home inspected by an experienced manufactured home inspector and not just any home inspector.Make sure the home is level and that the pier and pad assemblies are in good shape.
Be sure the vapor barrier and insulation are in tact and not ripped, torn or lying on the ground. Have the inspector look for drainage issues i.e. standing water, soil erosion, expansive (clay soil), rusted and deteriorating piers and dry rotted or decomposing wood pads supporting the piers.
Most importantly make sure the home has an approved set of Earthquake Resistant Bracing (ERBS) installed under it as much of California is in a Zone 4 seismic area:
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In most cases the lender will provide a cook stove, since it has to be a functioning kitchen. Write it into the offer for the REO Seller to provide in escrow. The banks will reduce the properties every 30 days that there is no offer. I would not be afraid to submit a lower offer than they are asking. They are looking at their bottom line. Make the offer what is the worst that they can say "NO"... more
In California, there is not a redemption period after sale. Once completed, the sale to a bonafide third party is final. The only recourse the previous owner has in the event of an error is usually a lawsuit against the bank. However, for the best and most accurate legal opinion, please discuss this matter with a qualified real estate attorney in your area.
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