Upside down loan balance
Posted: Sun Aug 22, 2004 10:46 am
Hi group,
I am thinking about moving elsewhere but can't seem to do it because I owe more on my manufactured home loan versus what I can sell it for. What are my options in this situation? It's been tough for me because I feel I can't get out of it.
I'm from the bay area----san jose, california and the home is fairly new (a 2001 fleetwood single wide---14x47). The home is also located in a park in which I don't own the land.
Any comments are greatly appreciated. E mail me directly with any questions.
Thanks, Will
I am thinking about moving elsewhere but can't seem to do it because I owe more on my manufactured home loan versus what I can sell it for. What are my options in this situation? It's been tough for me because I feel I can't get out of it.
I'm from the bay area----san jose, california and the home is fairly new (a 2001 fleetwood single wide---14x47). The home is also located in a park in which I don't own the land.
Any comments are greatly appreciated. E mail me directly with any questions.
Thanks, Will