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Updated almost 5 years ago on . Most recent reply

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10
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Harold Eddie Owens
  • New to Real Estate
  • West Texas
0
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10
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Owner financing regulations

Harold Eddie Owens
  • New to Real Estate
  • West Texas
Posted

Is there a type of license that you need to have to be able to do a owner finance for homes or mobile homes? If so what license is that?

Most Popular Reply

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2,065
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1,666
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
1,666
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2,065
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
Replied

In Texas, you can only sell or offer to sell one manufactured home per year without a license if you do not own the home. If you're a principal in the transaction, there is no limit on how many you can sell. If selling two or more MH's without a titled interest, you would need a broker, retailer or salesperson license.

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