snickybugg asked:


My fiance and I have been looking at homes for almost 2 yrs now and finally came across a home we rly liked, in our price range and in the area we went. Well, its considered a ‘trailer’ even though there is a huge add-on and it looks like a Ranch. All the banks say we would have to put 80% down of the asking price (which is $79,000) which we CAN NOT afford. The most we can put down is $10,000.

So my question is, is there a bank or lender ANYWHERE that will let us re-finance a trailer (if needed) and give us a good loan without a huge interest rate?

Thanks

PS Please only answer if you really know, we need to have an answer to the owner of the home by Friday. T/U!
Thank you Marc!!
We would be buying the trailer, and almost 3 acres of land to go w/ it. Its a gorgeous trailer believe it or not. The owners have lived there for 21 yrs and done over $20,000 in work in just the last year. Right now my fiance and I live in a trailer in a park and its horrible!! So cold, so tiny and no yard.

But thank u thank you thank you again! We will def. look into these!! )

~Sarah

first home owner loan

sfcastrolionmark asked:


Could you help me with this situation? I had co-signed for an ex-lover to purchase a vehicle about three years ago. I haven’t heard from this person in over two years. I came home Wednesday night to find the vehicle sitting in my driveway, with the keys, and the registration in it. There wasn’t a note or a message or anything.
I called the finance company and they had told me that the payments where always made on time except for the last three months. I also found out that the registration was three months behind as well as a few tickets on it.
So, I made the payments to the finance company to catch it up. I am taking care of the registration and tickets. As well as added the vehicle to my insurance.
Now I want to protect myself if I am going to take on the financial responsibility of the vehicle.
I am unable to reach my ex and I think that he may have even left the country for a period of time.
The registration lists him or me as the owners of the vehicle. Which is apparently different then if it was listing as him/me.
DMV is telling me that this makes it possible to remove him from the registration of the vehicle with out his signature.
Now DMV will not remove him from the vehicle until he is removed from the loan from the finance company. The finance company is telling me that I need to refinance the vehicle and take on a new loan myself.
O.K. sounds easy enough. Right?
Well, I am trying to refinance the vehicle and nobody will take it until DMV removes him from the registration.
So DMV will not remove him until the finance company does, and the finance company wont remove him until DMV does.
Big problem!
It seems that the only choice I have is to continue paying the loan and keeping him on there as an owner. Once the loan is paid off, I can go to DMV and have him removed.
Now my question is how do I protect myself from my ex just coming over and driving off with the vehicle. Assuming that he has as much legal right to this vehicle then I do.
Is there a way for me to legally take over ownership of the vehicle without being able to contact him? Assuming he has just abandoned the vehicle? At least for now.
Do I as the co-signer have more legal right to the vehicle then he does? What can I do to remove his rights to the vehicle at this point?

first home owner loan