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An effective date of the approval of the closure of not less than one year so as to provide sufficient time for the relocation of the mobile homes to other parks. If the land occupied by the park is to be sold, the tenants be given the first right of refusal accepting the offer of the seller for the purchase of the park including all improvements. But that wouldn’t solve Carson’s ongoing challenge of balancing the needs of property owners and mobile home park residents. Eduardo Almeida, a resident at Rancho Dominguez Mobile Estates, said the owners, Carter-Spencer Enterprises, have been making offers to buy mobile home units for several years. Carter-Spencer confirmed that, with a representative adding it’s a trend among mobile home parks. They will also have 2.5 years before the park finally closes.
Don’t hesitate to ask any follow up questions as well. First off I am sorry that you are going through these headaches with the note holder. After reading your comment and questions I have a few thoughts that may help.
Mobile Home Closings Inside Mobile Home Parks
And consideration amount be the payoff amount on the mobile home? Without a doubt this sounds like something you should ask a real estate attorney who has experience with mobile homes. Organize your questions and call RE attorneys that offer 1 free hour of free consultation.
I have been finding that in the nicer parks with newer homes this is the case for many of the sellers. Do you have an attorney that you are working with? I would highly advise obtain the legal counsel of a real estate closing attorney in Missouri.
Answers To Your Mobilehome Legal Questions
This means that the closing attorney will take your money and pay off the sellers loan. The attorney will also make sure that the release of Lien comes to him, so that he may make sure the title is properly created into the seller’s name and will be sold to the new buyer . When this happens the attorney will then give any remaining monies owed to the sellers.
If you have any follow-up questions or concerns please never hesitate to comment back and reach out anytime. I very very much regret to hear the situation that you are currently in. It sounds as if now that the mobile home park has been sold, the new owners want to redevelop it into some other type of land use. This means that everyone inside the community is forced to leave. I think it is terrible when parks sell out to developers that plan on getting rid of communities and neighborhoods.
Closure of manufactured dwelling park
If you ever have any questions or concerns never hesitate to reach out or comment back. I am sure that my response may have brought up more questions to you than answers. Please don’t hesitate to comment back or email me personally with any additional questions or concerns.
We legitimately challenge these reports and the park owners to protect your right to receive fair relocation benefits. My fiance and I live in NJ and have signed a contract to purchase a mobile home. My question is do we need to have the title in our possession before moving into the mobile home that we are purchasing? One person from the park told us that we would be able to move into the mobile home after we purchase it even if we do not yet have the title. Another person from the same park told us that we must have the title in our possession before moving in. If you could help me out with this it would be greatly appreciated.
On a side note only a real low life and sheet would sell multiple titles to multiple people, if you believe you are dealing with someone like this I too would be careful and cautious. The realtor said her fee was 3% now she is changing it to 10% and she wants the money before the closing/before funds of house get transferred to the account. Should we the sellers be responsible for paying this out of our own account?
From all of my experience and limited legal knowledge I believe that you should absolutely be held harmless. My first question is if you asked this question to the park manager and/or park owner? Any rational person can see that you do not live in this home nor is this person a tenant of yours with any agreement. It is common park practice to obtain a new lease agreement with every new resident of the mobile home park.
Give your name and address and you will receive the Title to hold until the home is paid in full. Make sure the tenant-buyers are approved at the park. If the park is strict with their background checks then you may consider this TB safe to sell to.
These lenders will be able to tell you which programs they have for homes in your area and price range. If you have any follow-up questions or concerns never hesitate to reach back out. I am a Canadian resident, living in Florida for 5 months at winter time. I am the owner of a mobile home at Lake region Village, Haines City, FL. I paid my house $21,000 and also I bought a hare for $30,000 five years ago. Two years ago, the price of that share has been increased by $5000 for the new value of $35,000.
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