Tag: Finance Company
contract sale on a mobile home?
by admin on May.05, 2010, under Renting & Real Estate
tryfrog asked:
Me and my husband found our dream home,the problem is we have no credit,and the way everything is now no bank will give us a loan.The owner of it is behind 1 year on her payments,and supposedly she has turned over the property to the finance company but when i called them they had no knowledge of it.She said she would do a contract sale,how do we go about it?Do we contact the finance company that has the house and try to make arrangements with them or just pay her every month.If we pay her how will we know the finance company wont come and take it away.Help!!!! Please!!!!
Anita
Me and my husband found our dream home,the problem is we have no credit,and the way everything is now no bank will give us a loan.The owner of it is behind 1 year on her payments,and supposedly she has turned over the property to the finance company but when i called them they had no knowledge of it.She said she would do a contract sale,how do we go about it?Do we contact the finance company that has the house and try to make arrangements with them or just pay her every month.If we pay her how will we know the finance company wont come and take it away.Help!!!! Please!!!!
Anita
