Detroit has many empty houses for sale now. HUD has auctioned homes for less and it is all on their website hud.org. How many years before Detriot becomes a fantastic place to live and work again.
I reckon the low prices appear only at the auctions.
Posts Tagged ‘manufactured home’
Are you tempted to buy a large house for $5,000 in ?
Tuesday, October 13th, 2009Any experts in REO transactions?
Sunday, September 27th, 2009This is a re-post as I don’t reckon my first question was clear enough.
I am trying to buy an REO Manufactured home. I am approved FHA and paid for an inspection. The home is in VERY excellent condition for the price, but there are a couple of issues that MAY come up for the appraisal. If I have an appraisal done, and the bank that owns the property refuses to fix the items required to close, I have to pay the appraiser 0, so I’m trying to work this out before the appraiser goes in.
Is it unusual to word the from 35R as "seller must fix all items required by appraisal to close at sellers expense"? Is that an acceptable way to word it? The items that MAY become an issue would cost no more than k to fix, and I’d even be willing to reimburse 0 of it at closing. I don’t want to lose the house over 2k in repairs, but I also don’t want to place any more of my money on the line (already place 0 into this).
The seller has stated its an "as is" property, but I’m not asking for anything to be done that the appraiser wouldn’t require in order for it to be financed. And yes, the seller was made aware from day 1 that I’m an FHA buyer.
Any tips, suggestions, comments? Please state your source and thanks for the input.
Tags: centennial, drake, drywall, FHA, FHA Appraisers, fha loan, FHA Loans, google, helping hand, home inspection, how to make money, lil wayne, manufactured home, mobile home fire, money, personal lending, renewable energy, school furniture, solar wind, stacking chair, stock market, tug war, valuDoes anyone know of a mortgage company that offers FHA financing for mobile homes?
Saturday, September 5th, 2009Please leave their contact information. 
Thanks!
We are in Texas.
FHA does offer Manufactured home financing- this deal also comes with land
Can I get an FHA loan?
Friday, June 26th, 2009If my parents gift me an acre of their land outside the city limits and they still owe on the land, does that mean I can consider that acre to be in my name, therefore use it to obtain an FHA loan for a manufactured home? Right now I have to get a Chattel loan since I don't own the land. The interest rate on a Chattel loan is 2.5% higher than an FHA and that sucks. What are my options?
Tags: acre, chattel loan, city limits, fha loan, FHA Loan Limits, interest rate, manufactured home, parentsWhat are the ups and downs to purchasing/building a manufactured home?
Tuesday, June 23rd, 2009My husband and I are looking to get a manufactured home built on some property. But, we don't know if it would be better to just buy a decent HUD home and fix it up. Can someone tell me the ups and downs of both.
Tags: bernardston, Buy HUD Homes, fehr, fha loan, halo 3, hampton roads, HUD, kindergarten kid, lifestyle properties, manufactured home, michelle kauffman, mlb, msnbc, ponderosa, powerline adapter, real estate in northern virginia, smart home, start ups, ups, ups and downs, washington nationalsSearch :
Related search on ‘manufactured home’
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A consumer who purchases one of many Manufacturer's an unfinished Title 25 home is no different than Ikea selling unfinished furniture and giving it a one.
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