Search found 19 matches

by garypely
Thu Mar 12, 2009 8:26 am
Forum: Off Topic Discussions
Topic: Is a mobile home practical for my family?
Replies: 13
Views: 6925

RE: Is a mobile home practical for my family?

Rod, I met with an attorney before we even looked at moving. My attorney stated that their is no recourse for the seller. That basically he was taking a chance selling on a land contract. However, he stated not to feel bad for the seller. If he gets it back he has had around $10K in repairs done. I ...
by garypely
Wed Mar 11, 2009 8:26 pm
Forum: Off Topic Discussions
Topic: Is a mobile home practical for my family?
Replies: 13
Views: 6925

That is what I am finding out. In Feb I will be able to get financing again. In the town where I live singlewides on property are banned because of zoning issues. However, doubles are allowed. The housing market in Michigan really stinks. We had a real estate agent come through and give us a value i...
by garypely
Wed Mar 11, 2009 3:11 pm
Forum: Off Topic Discussions
Topic: Is a mobile home practical for my family?
Replies: 13
Views: 6925

It is a land contract NOT bank financed. So there is nothing being reported on the credit report. What I did that was stupid was to buy the home not inspected. I do not itemize to get the mortgage deduction. Our income is below just taking the regular deductions. The lot size around here are about 3...
by garypely
Wed Mar 11, 2009 11:11 am
Forum: Off Topic Discussions
Topic: Is a mobile home practical for my family?
Replies: 13
Views: 6925

Is a mobile home practical for my family?

I had a few question for you guys and gals! I used to live in two mobile homes. In the first one it was a older 2 bedroom, then on to a 3 bedroom. Since then we moved and bought a traditional home. My savings account would be much bigger if we didn't purchase this home. We paid 80K for it and after ...