What problems to expect when paying cash for a bank repo?
What problems to expect when paying cash for a bank repo?
My property in Houston is under contract and I am planning on moving to the Alamogordo-Tularosa area of NM. (83 miles from El Paso) However, in this area, due to recent consolidation of air bases to Holloman, there is currently a housing shortage in the under $100k price range. I have an older horse that I would like to take with me, so would need 1+ to 2+ acres. There are lots with city utilities available other than septic systems. I have rehabbed lots of homes and moved a site built house (Sawed in half and married on site) before, as well as having many septic systems installed. Consequently, my thinking is that I can save money by doing the contracting myself. I have been following several of the dealers who advertise very reasonable repos on this site. What problems should I expect? (Excluding the lot, inspections, local rules and regs, permits, etc, which I will have no problems doing.) Are movers prepared to offer insurance for home while in transit? Where would I check out the dealers that advertise here? Do you think that I can accomplish this in 30 days from the closing on my property? Can always rent a motel room and board my animals, but give me an approximate time frame to complete the moving and set up on a permanent foundation. Thanks much! At 76 years old, this will be my last move, and I DO WANT TO GET IT RIGHT! xlm
Re: What problems to expect when paying cash for a bank repo?
The time frame will depend allot on local permitting and inspection time frames and how dedicated your contractors of choice are to your schedule.
Most home buyers do not take responsibility for their home installation. You seem to be aware that if you want to enjoy your home for years to come the site prep and installation must be handled properly. To set up your time table it is critical that you understand the entire process.
The most effective way I have found to learn about the step by step process involved in properly installing a manufactured home is a great five-part video series with George Porter, the industry's most respected installation specialist. Mr. Porter leads you through a two hour viewing experience that will prepare you for the numerous operations and complexities involved in the installation of the modern manufactured home.
As you know you can not assume that the installer and site prep contractors are watching out for your best interests. If you would like to get more details about this crash course Click Here This will not only help you with your scheduling but also give you an edge when choosing sub-contractors and help you make sure the site preparation and installation is done right and to your expectation.
Most home buyers do not take responsibility for their home installation. You seem to be aware that if you want to enjoy your home for years to come the site prep and installation must be handled properly. To set up your time table it is critical that you understand the entire process.
The most effective way I have found to learn about the step by step process involved in properly installing a manufactured home is a great five-part video series with George Porter, the industry's most respected installation specialist. Mr. Porter leads you through a two hour viewing experience that will prepare you for the numerous operations and complexities involved in the installation of the modern manufactured home.
As you know you can not assume that the installer and site prep contractors are watching out for your best interests. If you would like to get more details about this crash course Click Here This will not only help you with your scheduling but also give you an edge when choosing sub-contractors and help you make sure the site preparation and installation is done right and to your expectation.
David Oxhandler
mailto:[email protected]
mailto:[email protected]
Who is online
Users browsing this forum: No registered users and 12 guests