Who holds title to mobile home under seller financing?

[Eric Doerr]

When I put someone on a note under seller financing for a mobile home I'm selling, do I hold the title in my name or is there a way to transfer title to my buyer's name at the time I put them on the note? I'm asking because the park I'm looking to buy in doesn't allow rentals and they require that the titled owner lives in the home.

Can I do "seller financing" or would I need to sell it outright?

Thanks!

Eric

[Rachel H.]

@Eric Doerr It's up to you how you want to do the paperwork for the new buyer. If the park is asking you to do something you don't feel comfortable doing, you may want to look at other parks to work with. Best of luck!