Search found 7 matches

by Sherry
Fri Jul 20, 2007 12:23 pm
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

Re: DEFAULTING ON LOAN

Well, I got great news from my lender. They have a program I can qualify for where my payments will be 1/2 for 6 months. I have to send them infop/pics/ads proving I'm trying to sell. My park management, well I'm not so confident they will cut me any slack. I'll hear back from them next week. Thank ...
by Sherry
Fri Jul 20, 2007 4:47 am
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

Re: DEFAULTING ON LOAN

I'm going to call my lender and the management at the community today. I've got a 7.75% interest rate on the original loan as my credit was excellent. I'll see if they will work with me. The park management should at least give me a break on the lot rent. Again, I thank you for your advice.
by Sherry
Thu Jul 19, 2007 12:41 pm
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

Re: DEFAULTING ON LOAN

It's even listed on craigslist.com!!! Next maybe ebay!!!!
by Sherry
Thu Jul 19, 2007 12:39 pm
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

Re: DEFAULTING ON LOAN

Your feeback has been excellent. I'll try to talk with my lender. The park management knows I've been trying to sell. As a matter of fact they directed my last tenants to my home. Unfortunately, they didn't get financed and moved out of state. So, once again, it sits empty. I'm not sure about this s...
by Sherry
Wed Jul 18, 2007 4:42 am
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

Re: DEFAULTING ON LOAN

My home is listed on this site and has been for over a year. It was even one of the featured homes on the sidebar. The home is empty and clean right now so there isn't much I can do. It is in a community. I had an agent trying to sell it when I first moved out. To no avail. It's in Gibraltar Michiga...
by Sherry
Tue Jul 17, 2007 6:06 pm
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

Re: DEFAULTING ON LOAN

thanks! I am willing to sell for less. I owe $66k and would be willing to take $60k. It is a burden for me as I have moved, had a baby, new house built, new financial obligations. Nothing was planned, so I'm sort of between a rock and a hard place. I've leased it previously but the people had to mov...
by Sherry
Tue Jul 17, 2007 2:00 pm
Forum: Manufactured Home Owners Forum
Topic: DEFAULTING ON LOAN
Replies: 15
Views: 7599

DEFAULTING ON LOAN

I'm thinking about defaulting on my MH loan. My home has been empty for 5 months and the payments are killing me. I'm not having any luck selling/renting the home right now.

Any suggestions regarding a MH loan default?

Thanks.

Sherry