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That would depend directly on the jurisdiction or State or Province you are in. -It always helps to state your location in questions like this.
For now, with this limited information, I can only say - ask the local City or State/Province about any tax issues.
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If land is used as collateral for a mobile home purchase will the land be taken by the lender if the owner can't pay the mortgage?
Yes, unfortunately. The land will be on the deed of the property along with the mobile home, therefore, it will go to the lender.
In Texas can a mobile home and land be foreclosed on if the mobile home is missing or stolen?
yes...
How do you gain ownership of a mobile home on my property?
To get mobile home loan you have to satisfy certain standards set up by the 1976 HUD code.For mobile home financing you can take mortgage loan to buy both the land and the mobile home or to buy either the home or the land.
Mobile home loan on land?
Yes. You can get loans for mobile homes on land. It depends on what state you are located in.
Do you have to pay the land taxes if you own your mobile home in a mobile home park?
Yes, you do, but they are usually quite small.
Do you have to pay for a mortgage on a mobile home left to you by your parent or can you let the lender take it without taking the land it is on?
You would need to look at the contract. Often a mobile home contract is secured by the land it is placed on. It may be that you cannot default on the mobile home without losing the land.
How do I acquire an abandoned mobile home?
Contact the land owner. They would probably be glad to have an offer to remove the mobile home.
I need to finance a portion of the price of a used mobile home. Where are the companies located who can help me I'm in the El Cajon/Santee.Lakesidearea.?
http://www.mhloans.com/, Apply Online or Call Toll Free 888-809-1145. MH Loans offers mobile home loans, mobile home financing and mobile home refinancing for homes in parks and communities. We are unique in our industry because we only finance the mobile home and manufactured homes, not the land that the home sits on. If your goal is to refinance your manufactured home to lower your interest rate, or shorten your term, youre in the right place. We also provide mobile home financing for your used mobile home purchase with as little as 5% down. Our manufactured home mortgages are considered chattel mortgages, a term used when the land is not a factor, just the mobile home or manufactured home. Apply today for the lowest rates in the nation. We finance and refinance all lenders loans.
I have a Plot of land can you put a mobile home on it?
It depends. Do you have a mobile home?Ans 2 - It depends on LOCAL authority. Zoning and building regulations.
I have a plot of land can i put a mobile home on it?
Depends on your LOCAL authority.
If a mobile home by one buyer is put on a land of another owner that has paid off the piece of land are bought separately does the mobile home become property of the land or what is the legal rights?
Your question is not clear. Do you mean separately as in two different buyers? If two different buyers buy then the mobile goes to one buyer and the land to the other.
Can a double wide have a basement?
If you mean a double wide mobile home, no. Most people don't own the land that a mobile home sits on and the way the mobile home is made doesn't lend it's self to having a basement.
