Mobile Home Financing Help
I have a situation where the owner of a mobile home wants to sell and needs some creative private financing.
Sales Price - $95,000 - 1988 K & B 3/1.75 - 1344 sq. ft. in a park.
Buyer has $ 25,000 down
Seller needs to cash out completely.
Seller owes $36,000
Can anyone give me some ideas on how to do this deal?
Thanks in advance for your help.
Dave Roekle
Dave, Please pardon my ignorance, but HOW does a 9-year old mobile home without land get a value of $95K?
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