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Updated over 4 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
John Zavala
  • New to Real Estate
  • Central Texas
1
Votes |
19
Posts

Tips with buying an REO Mobile Home before auction

John Zavala
  • New to Real Estate
  • Central Texas
Posted

Ttl owed/Payoff $16K includes fees and arears

Ttl Assessed Val $13,874, 

lot $465/mo; loan $228/mo = $693

Eviction Date: August 27, 2020

Lot payment:  Expiration Date: August 31, 2020

What strategies can I use to get the mobile home out of Foreclosure and sell within 30 days.  

Do you think that the bank would entertain a short sale, and what would be a good offer.  

The home needs a lot of work. re-do floors, repair holes on two walls, replace wood trim, paint, replace range, power wash exterior, fix all of the skirting. 

Anyone  have advice  I only have two days minimum to make a decision.

Thank you all,

Johnny

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