Land/Home Deal on preexsisting home

[Melissa]

My husband and I bought a 2000 doublewide last year and moved it to our parents property. We installed a septic with the money we had saved and hooked into my parents well. My parents have 8 acres of land and this land was to be deeded to us at thier death. Well now my parents are probably getting a divorce. They will be possibly selling everything they own together and spliting it 50/50. They say that they will go ahead and deed us the land where our home sits, before selling the rest. If that happens I know we will have to get our own well. I was wondering how involved it is to refinance including the land, to get a well and put our home on a permanent foundation. Could we possibly go through the same bank we have our current mortgage with? Should our interest rate be lower b/c it is then considered real estate?

Any help would be greatly appreciated!!

Also thanks so much for this site, it is very helpful!!!

Melissa