Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Anthony Vatsula

Anthony Vatsula has started 1 posts and replied 3 times.

Post: Repossessing a Mobile Home in California

Anthony VatsulaPosted
  • Stockton, CA
  • Posts 3
  • Votes 0

Bill, when you say proceed as an m2m tenant, are you referring to how one would proceed to move forward in an eviction? Also, what are you referring to when you say: IMO?

Thanks everyone for your input. A bit tricky navigating this slope.

Post: Repossessing a Mobile Home in California

Anthony VatsulaPosted
  • Stockton, CA
  • Posts 3
  • Votes 0

Hi Kristine, thanks for your quick response....the MH is in a park....The Promissory Note and Security Agreement is a doc between the buyer and myself and not recorded...simply stating the term of what constitutes default and agreeing that if and when agreed upon amount is paid in full I will sign over title and registered owner status over to him.

Post: Repossessing a Mobile Home in California

Anthony VatsulaPosted
  • Stockton, CA
  • Posts 3
  • Votes 0

I bought a MH for one of my sisters to live in. Turns out she couldn't move into it so I sold it. I took 1K down pmnt and made an agreement with the buyer that if he paid me 11K for the unit total I'd sign over title and registered owner status to him, both of which I retain. We wrote a promissory note and security agreement and a purchase and sale agreement to this effect. He's paid about half and now has stopped paying. Can I evict him? Do I have to foreclose on him because he has a Purchase and Sale agreement? How do I gain repossession? This is in California. Thanks for any help. I did serve him a 3 day notice that has expired about 2 weeks ago. Not sure how to proceed. Thanks, Anthony