loan value

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lizRoberts

loan value

Post by lizRoberts » Tue Nov 05, 2002 7:44 pm

I have a 1980 Detroiter MH for sale. It is in EXCELLENT Condition. I can find no one who will finance this old a MH. I need the loan value and who would lend a buyer money to buy this from me. Thank you

Chrissy

Re: loan value

Post by Chrissy » Sun Nov 17, 2002 10:00 am

Talk to someone at Beneficial Finance or a company like that who makes relatively small, personal loans with this type of collateral. Most companies who traditionally finance for our industry hesitate to hold paper for less than $7500 due to the low return they realize. Sometimes a local bank with whom the buyer has a good reputation will do it for them.

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