Search found 4 matches
- Sun Apr 18, 2010 9:04 am
- Forum: First Time Home Buyers Forum
- Topic: Dealer wants Cash up Front
- Replies: 19
- Views: 12444
Re: Dealer wants Cash up Front
Update: I did loan the money (around $100,000) to my friend. The home was successfully delivered and attached to the foundation, and within 2 business days money was wired back into my account from his construction loan. His contractor is working on getting power and water hooked up. Palm Harbor sti...
- Fri Feb 19, 2010 5:49 pm
- Forum: First Time Home Buyers Forum
- Topic: Dealer wants Cash up Front
- Replies: 19
- Views: 12444
Re: Dealer wants Cash up Front
Thanks everyone for all of the helpful advice. Actually my friend has lined up his own contractor to set up the MH, who he will pay directly. In this case, the dealer is nothing more than a middle man - my friend tried to deal directly with Palm Harbor but they said they can only sell through a deal...
- Thu Feb 18, 2010 12:25 pm
- Forum: First Time Home Buyers Forum
- Topic: Dealer wants Cash up Front
- Replies: 19
- Views: 12444
Re: Dealer wants Cash up Front
Thanks for your help. My friend has a commitment from a mortgage company to finance the home, but they will not fund until the home is sitting on his lot. My friend is only asking me for a short term bridge loan for a few weeks, but I still have concerns of something going wrong along the way. The m...
- Wed Feb 17, 2010 7:18 pm
- Forum: First Time Home Buyers Forum
- Topic: Dealer wants Cash up Front
- Replies: 19
- Views: 12444
Dealer wants Cash up Front
I live in California and have a friend who has been working through LA County's permitting process for over a year to install a manufactured home on a parcel of land that he owns. He had previously selected a home through a local independent dealer for Palm Harbor Homes and put down a deposit with t...