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Question by : Not allowed to move mobile home or sell?
I bought a mobile home from arc and financed through origen financial in 2004, well we found a house last yr, great deal, so my mom agreed to takeover the payments mobile home, but to have it moved to her land, so i called origen to see if this was possible, and they said the mobile home could not be moved from the park until its paid in full. So a month later, our loan was transferred to greentree, so i called them and explainded the situation, and they said i could move the home no problem, just let them know the the address and county and tax info, for escrow. So we bought the new house, assuming we could have the mobile moved. so after a yr of my mom making the payments, and paying the lot rent for a home no one was living in, my mom is ready to have it moved so i called the park to let them know we were going to have it moved and they said no, because we signed a contract with origen, thats states the home could not be moved until its paid. So i explained the loan was no longer with origen, it was with greentree and they said we could have it moved and she said it did not matter, the contract still stands. So i pulled out the contract with origen, and it states “i will not move, use illegally, sell, lease or transfer the home” which to me is very crappy. Unfortunately i was a young 1st time homebuyer. Can they really keep me from moving or selling it even though greentree has no problem. When we 1st bought the home, we had planned to have it moved within a yr, and even mentioned it to the seller when we agreed to purchase the home, nobody warned us about not being able to sell or move it. Is this legal, it seems like intrapment to me. What if someone, cant afford the home anymore, and needs to sell, or someone ends up making more money and wants to move, or has to move for what ever reason, alot can happen or change in less than ten yrs. And apparently, theres no options, except stop paying on the mobile home and let their credit suffer. It sound rediculus, i can’t believe its legal. So my question is, am i reading my contract right, or is there a way i can have it moved or sell it, since i am no longer with origen, and greentree is ok with it.
What would happen if we got a eviction notice, could we move the trailor then or would they be able to hold on to it.
Please help

Best answer:

Answer by dusty_titus
Your Greentree contract supersedes the one with the Mobile home park, and Origen – You should offer a bribe (that’s what the park wants) after all their losing money on the deal, you wanting to move the unit out, and I’ll bet there is a No sub lease on your contract with park. You may be able to work this out, if your town has a Legal Aid – or the last resort – hire your own attorney to suggest a way out of this quagmire.

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Choose A Sell House And Rent Back Scheme And Move On

Choose A Sell House And Rent Back Scheme And Move On

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Home Page > Finance > Real Estate > Choose A Sell House And Rent Back Scheme And Move On

Choose A Sell House And Rent Back Scheme And Move On

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Posted: Jun 19, 2010 |Comments: 0
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Sell house to rent back schemes have kicked up some controversy. Some believe the sell to rent back schemes exploit families who feel they are in a financial rut. But sell and rent back schemes continue to be attractive options to the threat of home repossession. Now this schemes are not only appealing to those whose backs are up against the financial wall, sell to rent back schemes offer get out of jail cards to families who are desperate to sell their real properties, but are unable to find a property cash buyer.

Sell And Rent Back Your Property, Move On

As research shows, lots of homeowners are forced into renting properties as they are unable to sell their own. Naturally, the lucky ones who are not relying on releasing the equity in their real properties, or who are not desperate for a fast cash sale don’t have to turn to sell house to rent back schemes; instead they are turning into ‘accidental landlords’. Obviously, this is the result of families who have to move or relocate but can’t find a house cash buyer during the credit crunch, and so wind up letting their homes.

Sell And Rent Back To Overcome Arrears

However increasingly, the reason why a lot of homeowners have to sell their property is because of financial difficulties. The credit crunch has made homeownership increasingly expensive with very little return on the high investment. Sell house and rent back schemes may seem attractive to people whose utility bills, food costs and day-to-day living expense has become difficult as their wages haven’t risen with the debilitating cost of living.

Sell House, Rent Back – Can’t Find A House Cash Buyer

Sell property and rent back schemes can offer solutions in two-ways, sell and rent back mean they have an instant home cash buyer who would purchase their property at up to 80 percent of the market value of their property. This is actually preferable for those who need financial results now, and not in next year or whenever the housing market is expected to lift. Sell and rent back property schemes also allow families to stay in the comfort of their own homes as tenants, buying them the right time and space they need to decide what to do next.

Sell Your Home And Rent It Back – Breathing Space

As the credit crunch continues to impact heavily on homeowners, sell to rent back property schemes could be the breathing space necessary for some homeowners who need immediate financial solutions, but haven’t decided on their mid-term or long-term plan of action. More homeowners are using sell house and rent back schemes as temporary steps before investigating moving abroad or emigrating for example, the money released from the sell and rent back property scheme can help fund a move and buy you time to sort out visas, jobs and other logistics involved in moving abroad.

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About the Author:

Glenn Morrow is a freelance writer. He widely writes for business and finance. He prides himself in finding the best sell to rent back scheme online. He agrees that the best sell house and rent back options are found at rentbackmyproperty.co.uk

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Is thier any new home builds that have taken part exchange houses and are selling them in the Horwich area Bolton
We have always been renting and have investment prop for 7 years with good capital growth. Should we sell and buy house to live in or keep renting?
My mother passed a couple of weeks ago and she has a house and some credit cards in her name. My sister lived with her. We don’t want to sell the house what are we suppose to do?

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Advantages of for Sale by Owner and Benefits of Private House Sales From Big Move Online

Today, the Internet is a very popular means of exposing product and services. When people look for private products, they tend to rely on the Internet for relevant products that they are looking for. This is true whether the products are from businesses or from individuals. So for private house sales, online exposure is necessary. When the Internet is utilized for exposure, the people who use the Internet will not be disappointed and so does the property for sale by owner.

 

One way to advertise private house sales is by coursing it through advertiser for property. Since private house sales are for sale by owner or individual, it does not entail creation of website. Moreover, it does not need to be in business directories since these are for companies and businesses. The individual simply have to find site that will expose the property for sale.

 

One site that caters to this need is the Big Move Online. This site is an online advertiser for private house sales.  They target for sale by owner instead of agents. This is because they understand that owners have more right for the mark up of the value of the property. When for sale by owner is done, there are following advantages:

 

Owners will save on discounts that agents tend to bargain. When a property is known for sale, agents will propose selling the property. The value of the house will increase because it will incorporate the sales commission of the agent. When this happens, owners sometimes lower the worth of the house so that it will still come out as a reasonable price.
When a property is directly for sale by owner, there would be accurate and manageable information about the house. Sometimes when the agent makes the sale, there is the tendency that the agent cannot answer all the questions about the property. Plus, when there are complains, the agents will not be there to answer it; instead it will be the owner who is responsible to answer the problem. If the owner does the private house sales, the owner would know what to say to buyer and what to answer when there would be complains about the property.
Finally, when owner sells the property, there would be savings from commission. This means that the price of the property will be minimal giving it more chance to be sold. This is because it would now be more affordable.

 

With Big Move Online, the owner will only be required with a one-time fee for the private house sales. The fee would even be lower than the commission for the sales agent. Yet, the property for sale by owner would have considerable exposure in the Internet. The owner would even still be given option wherever he wants to advertise the sales. It is completely customized to the advertising need of the owner but in lesser price.

 

Indeed, just as there are benefits for private house sales, so there are also benefits for advertising the property through the website. And it will be advantageous if the advertiser is like Big Move Online. They customize the advertisement, giving more flexibility to the need of the owner. Then they expose the property for sale by the owner to various medium and websites.  Then they do all these with minimal amount required compared to agent commission.