woroguda asked:


I have a lot that I want to sell on monthly payments through seller financing in Pennsylvania. I don’t want to use a land contract. Can I just use a standard purchase and sale agreement which states the terms, ie payments, etc. or do I need additional instruments as well like a note, vendor’s lien deed, etc?
Does the deed go to the buyer or does the seller keep it. Also does the deed have to reflect the existing lien?

Arlene

Sunny McBubbles asked:


I’m a college student and I only make about $600 a month. My friend lives in a trailer park and she told me you can buy a trailer there for only $4000. If I buy one should I try to take out a loan at my bank or are there better financing options for trailers, generally?

Lillie

Candy H asked:


I live in a 1987 doublewide mobile home – its made out of wood not tin. I own it 100% and its valued at $40K+ but it needs work – like new windows and I would love to remodel the kitchen but have yet to find any companies that offer financing.
Per the county thats what its valued at – please don’t answer if you are ignorant.
Its in a park – I was told by my bank they would finance moving it and a piece of land. I just want an improvement loan.

Victoria

Yoli asked:


Is a buyer entitled to change their financing type after their offer has been accepted by a BANK or Private Seller? If after the initial offer is made the buyer finds that they are able to obtain better financing than they originally wanted to utilize, can the buyer change the financing to any loan program type, as long as it doesn’t affect the closing? I.E. Conventional to FHA or VA or any other loan programs available? Is this grounds for the offer being rejected, even if it doesn’t affect the closing being on the date agreed?

Cindy

xandres103 asked:


I have a home that I am interested in selling and am looking at various ways to entice buyers in this tough market. One option told to me was owner financing the property. What are the pros and cons as a person that would be financing my property? Also, what would be the difference if I still have a small mortgage on my property?
The property is in Pennsylvania.

Lydia

ftroop888 asked:


I am looking to buy a flat in Romania. I currently own my own home in the US and have excellent credit. I can afford to buy another house but need a mortgage loan or other financing. Thank you.

Frances

D B asked:


There are 2 residential lots in this neighborhood that is up and coming. I want to buy the two lots but sit on them for about a year or so. How would the financing work? Do you finance something like that as you would a 30 yr mortgage?

Danny

alison a asked:


I have a friend who is a builder and would like to use me for his mortgage broker. I have no problem finding banks who will do financing for owner occupied builder programs, but nothing for spec homes. A lot of the banks offer spec programs on the retail side, but I’m having trouble finding it wholesale. Thanks!
I do know what a spec home is
My rep at Indymac said that they only do owner occupied construction, but maybe there is another dept she’s unfamiliarr with? I’ll ask her again. Thanks!

Shannon

wldwon2003 asked:


I live at home with my grandfather who is currently running into financial trouble. We live in a doublewide without a permanent foundation. He is willing to sell me the house and his 28 acres of land, but I can not find financing for it. Any ideas on a company that will finance without us putting in a permanent foudation?

Adrian

boobicat asked:


I am real estate student trying to appraise a comparable property. How to find out what expenses and financing used within the sale of a property already sold?

Wendy