What's the deal with bill of sale? no title

[Thang Cao]

So what's the deal with a home available for sale without a title? Situation is park owner wants to sell a home without a title.  Current resident just up and left about two weeks ago. Park owner said they can sell with a bill of sale.  And I want to buy.

Spoke to a local investor and he said this is common.  My question is why? Is it simply because the owner just don't want to pay tax on it?  How normal or often does this occur?

Thanks in advance.

[Curt Smith]

LOL that is funny!!!  Because it take's $3k to $5k to sue the prior owner for abandonment then to get the home title via several paths per your states mobile home abandonment title reclaiming steps.

Don't buy a MH without the title.  The rotten park manager is pulling one over on you.  The prior owner STILL OWNS THAT HOME and can come and move it if he wants.  Rare but possible.

Good you asked!!!

OTOH you might google for your state the repercussions for using another person's property for gain.  In effect you'd be squatting in the prior owners home, renting it out.  I'm not recommending this but I might take a FREE  MH from a park manager.   

Maybe the Lonnie Deal folks will chime in on this one re buying MHs no title also just taking cheap to free MHs from managers and renting them anyway.  I can't recommend taking MHs without titles since it has legal issues.  IMHO just walk away a bit more educated.

@John Fedro