refinance plus move

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Larry Norris

refinance plus move

Post by Larry Norris » Mon Jun 14, 2004 8:16 pm

I currently have a 1998 Clayton 56 x 28 double wide on my own land in Pittsburg, KS. My credit is not very good and my mortgage is with GreenPoint. I am looking to possibly get a new job in Rolla, Mo about 200 miles from Pittsburg. The land I currently have was a family gift and is to stay in the family. Therefore, If I moved, I would have to move the double wide or sell to someone and have them move it. The latter is probably not an option since I owe quite a bit more than what I could get out of it. I need to know if there is anywhere I could maybe refinance the home with additional cash out to pay for the move which would be costly. Realizing I have bad credit this may not be possible. I feel stuck and may miss out on a golden opportunity to nearly double my income and help get out of debt and on top of my finances. Any help or insight would be greatly appreciated.

rmurray

Re: refinance plus move

Post by rmurray » Tue Jun 15, 2004 5:57 am

If your credit is as rough as you say...financing a cash out loan would be impossible...You will have to look at other alternatives..how about leasing to a family member..

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