QW Homes in NV, and financing questions
Posted: Mon Jun 26, 2006 4:20 pm
Hi there- I have a few questions:
I am working with this company based in Nevada called Quality Wholesale Homes and so far have had a pretty decent experience on the phone. They have even managed to pre-qualify me with impressive financing with a credit score of only 586! A real nice surprise considering I was not expecting to be pre-qualified at all.
However I have not shopped around too much- is there anyone who has had experience with these guys? One issue I have is they seem a little too eager to get my $2500 deposit check this week before they have answered some major questions.
Questions such as: what is the real possibility of transporting this single wide home onto my land over small roads? How much room do I need for the truck to back into the spot?
And Financing questions such as: What are the actual financing terms for my loan? How many points are there on the loan?
Does anyone know anybody in the San Francisco/San Jose California area who can come out to my site and give me a consultation to answer these questions BEFORE I put my money down on a home I've never even seen in person?
And what should I expect the seller to do in terms of set up and excavation, etc? QW Homes asks for $10,000 for set up on top of the MH cost.
About financing, what sort of interest rates and points does a "good" loan vs. "bad" loan have? Any other advice about first time MH loans?
Thanks for any info you can give...
mercuryld
I am working with this company based in Nevada called Quality Wholesale Homes and so far have had a pretty decent experience on the phone. They have even managed to pre-qualify me with impressive financing with a credit score of only 586! A real nice surprise considering I was not expecting to be pre-qualified at all.
However I have not shopped around too much- is there anyone who has had experience with these guys? One issue I have is they seem a little too eager to get my $2500 deposit check this week before they have answered some major questions.
Questions such as: what is the real possibility of transporting this single wide home onto my land over small roads? How much room do I need for the truck to back into the spot?
And Financing questions such as: What are the actual financing terms for my loan? How many points are there on the loan?
Does anyone know anybody in the San Francisco/San Jose California area who can come out to my site and give me a consultation to answer these questions BEFORE I put my money down on a home I've never even seen in person?
And what should I expect the seller to do in terms of set up and excavation, etc? QW Homes asks for $10,000 for set up on top of the MH cost.
About financing, what sort of interest rates and points does a "good" loan vs. "bad" loan have? Any other advice about first time MH loans?
Thanks for any info you can give...
mercuryld