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I want to buy a trailer house in Redding California

I live in Lake Havasu City AZ. Want to buy trailer house for my sister and her son to live in

9 Answers

Should I do a deed in lieu instead of trying to sell?

After falling behind and getting a preforeclosure letter with a hard deadline of the 11th, and only two showings in the month since we listed, I'm trying to figure out if signing the deed in lieu paperwork my lender sent is smarter than continuing to wait on a buyer we don't have yet.

10 Answers

Will my buyers' second VA loan need extra inspections too?

We already fixed the chimney cracks and sump pump before our first VA buyers backed out over the inspection report, and our new buyers are also using a VA loan but only want an electrical and water inspection. Will the lender still require a full new inspection since its VA again, or are we fine since everything is already documented?

8 Answers

Is $305k fair for land that sold for $155k months ago?

Im looking at 18 acres in rural southern Indiana split into three lots. The whole 18 acres sold for $155k earlier this year, and now theyre asking $305k total for the same land subdivided, even though two of the lots barely have a dozed dirt driveway. Is there any real shot of getting all 18 for $200k or less, or am I missing something?

9 Answers

Is it true buyers lie about their down payment to win deals?

ok so my neighbor told me to just offer 50% down on my bid then tell my lender i only got 10% once its accepted and itll be fine?? that cant be real right, lenders check this stuff dont they, im not trying to commit fraud here i just want to know if this is actually a thing people do or if hes full of it.

9 Answers

Can I list my house with an unpermitted bedroom conversion?

we converted part of our family room into a 4th bedroom about 18 years ago and never pulled a permit and now were getting ready to list and im worried buyers or their lenders will have a problem with it and im not sure if we need to disclose it get it permitted retroactively or just price it as if that room doesnt officially exist

11 Answers

How much of a premium do privacy and lot size really add?

I toured a house with almost half an acre, a forest preserve out back, and only one neighbor, in an otherwise ordinary subdivision where everyone else is on tiny lots. I keep wondering how much buyers actually pay extra for privacy and space like that versus a similar-sized house a few blocks over without it, since comps are nearly impossible to find.

11 Answers

Why would a lender prefer a gift of equity over my VA loan?

I'm buying my grandfather's house for 265k, which is way under its 930k appraised value, and I was already approved for a VA loan when the family's realtor told me to switch to a conventional loan with a gift of equity instead. I don't really understand what that means or why it would be the better move over just using the VA loan I already qualify for.

8 Answers

does a manufactured home hold its resale value like a regular house

im looking at buying a manufactured home instead of a regular house to save money. does it hold its value okay or will it be hard to sell later

8 Answers

Is it normal for a mortgage servicer to reorder my extra principal payments?

Every month my extra principal payment shows up on time on the 1st but my servicer reorders it to process after my regular payment, so it ends up costing me a little in interest every single month and I want to know if thats a normal, allowed practice or something I should push back on.

7 Answers