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Updated 3 months ago, 10/03/2024

User Stats

549
Posts
248
Votes
Dave Rav
  • Summerville, SC
248
Votes |
549
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

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