Hi my name is Vanessa how much you guys charge for bankruptcy I owe credit cards what can I do I have people already that put a lawsuits on me and took me to court my number 937 503 4923 I will aorechiare if u can help me don't know what to do I am worry how long bankrupcy takes... more
This will mostly depend on you, your credit, income and assets. A lender who does mobile home loans will be the best source of information.
It sounds like you own the land and singlewide now out right. That you're selling the singlewide to someone else. Will they be moving it off the property or are you going to lease landspace to them?
I'm a bit confused about your goals, but my answer is still going to be talk to a local lender who does Mobile Homes. Consider Washington Federal and US Bank along with any others you know.... more
I would suggest speaking to a lender about that. There are different requirements, but it is definately possible and it happens all the time. It used to be very difficult, but the rules have changed - yet again. I have several lenders I work with that I'm sure would be willing to talk with you. I also am familiar with the mfg home parks in Cameron Park and the surrounding areas. In fact, I am listing another one this week.
Please call me or email me so I can help. 530-409-4671 or firstname.lastname@example.org. You can also search with no obligation for free on my website at www.RealEstateCentral.org.
Timeframes are as follows: 2 years from date of short sale/foreclosure for Veterans using VA financing; 3 years for FHA; 4 years for conventional. Keep an eye on this though, you never know when the lending industry is going to loosen up the guidelines since short sale and foreclosure have swept the country in epidemic proportions. It certainly would be nice to see the government bail out the public by deciding to insure the loans of those individuals who are otherwise credit worthy sooner than 3 years. If you have a larger down payment, private money loans are always a possibility, but they do come with highter interest rates. Best of Luck to you, Gina Crane, Coldwell Banker Residential Brokerage, Elk Grove... more
From a FHA prespective, with the foreclosure, you have a min of 3 years before you eligble for a new mortgage. WIth a Chapter 7, its 2. So all in all, it sounds like you have at least another year before you're ready.
In the interim, and if you have not already done so, restablish credit by opening up some new credit cards/line. Most items that report to and show up on your credit report are called traditional lines of credit. Such a credit/trade line also has to be open for at least 12 months before its considered seasoned and usuable for credit history. 3 such trade lines are usually required. If you have documented 12 months of rental/leasing, auto/life insurance, utilites, cell phone history/payments, you would then only need 2 traditional credit lines.
Next, make certain you have no 30 days lates, collections, or judgements after the BK and foreclosures. Medical collections are exempt from this and allowed.