Mobile home forms looking for

[Raul Flores]

Guys

I've been looking mobile form contracts and bill of sale for Texas, do you guys recommend me one? I need to put under contract one mobile home, thanks in advance.

[Ken Rishel]

Originally posted by @Raul Flores:

Guys

I've been looking mobile form contracts and bill of sale for Texas, do you guys recommend me one? I need to put under contract one mobile home, thanks in advance.

 You should seriously consider joining the Texas Manufactured Housing Association for many reasons, not the least of which they have the forms you need. And, Texas has some very specific regulations and forms for handling the just the sale, along with advance notifications that Texas requires. 

Lending in Texas legally is far easier and cheaper than many other states. That said, you will need to be, or hire, (legal in Texas) a contract MLO and have a chattel lending license from the state of Texas which is pretty easy and cheap compared to most states. The lending agreements for Texas are different that for other states, as are the related lending documents. In addition, even for a few loans, you need a formal Compliance Management System to cover over 20 federal laws, some of which has additional requirements for Texas.

This is all doable. Because Texas is easier and cheaper, there are lenders there doing only a few loans a year and still are completely legal. You too can do this.