Ran Out of Time

Industry pros offer their experience in manufactured housing to help first time buyers to make informed decisions with confidence and peace of mind.
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"Ann Marie"

Ran Out of Time

Post by "Ann Marie" » Tue Dec 02, 2003 3:17 pm

If you read my previous posts, I finally found financing...going through FHA. FHA takes awhile to process, another two to three weeks. Owner of the property I was buying didn't want to wait any longer....he's moving today. He found another cash buyer so I lost the property. After two and a half years of looking....gone, zip. I'm furious at my first lender who backed off just as I was going to sign to close escrow. They stated they didn't know there were two owners to the property (land/home). Somebody goofed big time here. I think manufactured housing is wonderful but it is a beast to deal with.....especially the financing end. Heartbroken!

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