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Oskaloosa : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling0
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Activity 3
Mon May 22, 2017
Kathy Burgreen answered:
You can buy a mobile home with poor credit. The big issue is are you also buying the land underneath OR will you pay space rent and the home is in a park. Mobile homes without the land is "personal property" - not real estate. Lenders do NOT finance mobile homes - only the land underneath. Realtors do not assist buyers unless you are buying the land underneath.

If you need financing, you need to find a lender that does "chattel mortgages". This is the type of loan for mobile homes without the land.
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Mon Oct 26, 2015
Dan Tabit answered:
Darrin,
I'm not in that area, so I can't say but your local agent can. It has less to do with the age of the home but how well it's marketed and priced. Older homes that are priced appropriately will sell. Your agent can tell you what the average days on the market is for the area and that may inform the type of offer you want to write. ... more
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Sat Oct 13, 2012
Paul Resczenko answered:
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