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Updated almost 11 years ago on . Most recent reply

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Justin Morgan
  • Flipper/Rehabber
  • St. George, UT
113
Votes |
212
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Affidavit of Affixation

Justin Morgan
  • Flipper/Rehabber
  • St. George, UT
Posted

Found a "Subject To" deal on a Mobile home with financing in place from Wells Fargo.  Financing is 3 years mature. 

Wells Fargo just recorded Affidavit of Affixation two years after the Trust Deed...  

Can anyone explain what this is?

From reading the recorded doc it is means "it's not moving"... correct?

Sounds like a very good thing to me, but maybe someone can expound a little? 

Most Popular Reply

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355
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324
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Jim Johnson
  • Rental Property Investor
  • Denver, CO
324
Votes |
355
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Jim Johnson
  • Rental Property Investor
  • Denver, CO
Replied

Wells Fargo does not want the home moved without its consent, so the 'cloud' the title with a document that says unless Wells gives a blessing, the home can not 'legally' move. So unless the debt is settled, or Wells signs off on the home moving to land or another park, you can not put wheels under it and haul it anywhere... 

  • Jim Johnson
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