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Updated 5 months ago on . Most recent reply

User Stats

551
Posts
249
Votes
Dave Rav
  • Summerville, SC
249
Votes |
551
Posts

Sub-To on a MH

Dave Rav
  • Summerville, SC
Posted

Hey group!  I wanted to ask if anyone has done a subject-to on a mobile home?  Please tell me about your experience.

Though I have experience in other areas of RE, this would be my first sub-to deal.   A tenant in our MHP is looking to sell, and we're putting a deal together.  Trying to keep it as simple as possible, but cover the important stuff.  The list of docs I have include:

PSA

Memorandum of Agreement

Affidavit of Liens

Due on Sale Disclosure

Auth to Release Info

Gen Warranty Deed (as the bank holds the title at the moment

Most Popular Reply

User Stats

77
Posts
12
Votes
Jackie P.
  • Investor
  • Golden CO
12
Votes |
77
Posts
Jackie P.
  • Investor
  • Golden CO
Replied

Is it in a park? Are you planning to move it?

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