Best Answer

Basically. YES. You decide you cant pay, you tell the lender you are moving, you move out, lender sells home(not as quik as a car), lender wants balance due on the loan.

User Avatar

Wiki User

โˆ™ 2015-07-15 18:31:00
This answer is:
User Avatar
Study guides

Create a Study Guide

Add your answer:

Earn +20 pts
Q: Do the same rules apply to the voluntary repo of a mobile home?
Write your answer...
Related questions

What exactly is a mobile home grant and how do I apply for one?

A mobile home grant is a grant that you can get when you are seeking out a mobile home for purchase. You can apply for one at a local real estate agency.

Do you need permission from a mobile home park owner to sublet a room?

Depends on the rules of the mobile home park. Many have strict rules about this.

Where can mobile home equity loans be found?

You can apply for mobile home equity loans online at the website, MountainSideFinancial. They are the nations current leader for mobile home equity loans.

Sample copy of a voluntary mobile home repossession letter?

A sample copy of a voluntary mobile home repossession letter will have a number of tips which can be used for drafting your own. This will include details of the property in question, ownership details, location and so much more.

Can a police officer stop you for a traffic violation in a mobile home park?

Depending on local laws and the nature of the violation, yes. Serious violations, such as drunk driving and reckless driving, are often enforceable on private property to which the public has access. There may be local ordinances that set speed limits or other "rules of the road" requirements in mobile home parks. Further, if the officer observed the violation on a public highway or street and then made the stop within the mobile home park, all the rules of the road of a public highway apply, as that is where the violation occurred.

Is a mobile home an unlawful detainer?

As I understand it, the term 'unlawful detainer' can only apply to a person, not a home.

Is a stay in a nursing home voluntary?

(A stay in a nursing home is normally considered voluntary

I need to finance a portion of the price of a used mobile home. Where are the companies located who can help me I'm in the El Cajon/Santee.Lakesidearea.?, Apply Online or Call Toll Free 888-809-1145. MH Loans offers mobile home loans, mobile home financing and mobile home refinancing for homes in parks and communities. We are unique in our industry because we only finance the mobile home and manufactured homes, not the land that the home sits on. If your goal is to refinance your manufactured home to lower your interest rate, or shorten your term, youre in the right place. We also provide mobile home financing for your used mobile home purchase with as little as 5% down. Our manufactured home mortgages are considered chattel mortgages, a term used when the land is not a factor, just the mobile home or manufactured home. Apply today for the lowest rates in the nation. We finance and refinance all lenders loans.

How do you get duplicate to lost mobile home title?

You have to apply to the DMV of your state for one. There is an application that has to be filled out.

What happens if your mobile home is voluntarily repossessed in Texas and it is on property that you own seperately from the mobile home?

"Voluntary repossession" basically means you're telling the lienholder "Come repossess this; I'll make it easy for you." Since the lienholder has no interest in the property, that means they'll come take the mobile home itself (or you could take it to them), but the property itself won't be impacted except to the extent necessary to drive in a couple of tractors to haul away the mobile home.

what kind of grant can I get to buy a new Mobile home to put on my property and get out of the one that is falling apart and a danger to live in! ?

“what kind of grant can I get to buy a new Mobile home to put on my property and get out of the one that is falling apart and a danger to live in! ” i need a grant that will replace my mobile Home what grant do I apply for get a grant?

What is a mobile home grant?

what is a mobile home grant?

What is the mobile home called?

Unless you've picked a personal name for it, a Mobile home is just a Mobile home .

How can you find out if someone has a license to sell mobile homes?

Contact the licensing board in your state. Laws, rules and regulations will be different from state to state. My guess is that the sale of a mobile home will come under very different rules than the sale of a constructed home on a lot. Also, if a person owns a mobile home or a constructed house, he or she can sell it without a license. There is no requirement that the sale of a home must be handled by an agent. In some places, probably everywhere in the US,what is regulated is selling a home that belongs to someone else for a fee or commission.

what is the benefit of mobile home deck plans?

A mobile home deck plan is a separate foundation not attached to the mobile home itself. It is used to support the mobile home. The benefit of having a mobile home deck is to be able to move your mobile home from one place to another without having to rip out the foundation.

What is a Multi-Sectional Mobile home?

That sounds like a 'Modular Home' to me. - One prefabbed in sections in a shop, brought to the park on trucks, and assembled there. There is usually no trailer frame, so the home is not truly'mobile' - - Although I guess this description could also apply to a 'double wide' mobile.

Are you allowed tq remove your mobile home from a park?

If you own the mobile home, then you have the right to remove it from the mobile home park, unless you are in a lease agreement between you and the mobile home park.

Is a mobile home park considered private property and can the state laws affect mobile home rules?

as for the state laws part. a mobile home company/property is considered private property and the city police cannot enforce speeding or sit in a mobile home lot to check for speeders, ie. Although it be private property they have to abide by state laws just like any others, such as a felon in a mobile home park cannot own a firearm just as he wouldn't if he didnt live in a park.

Mobile home one word or two?

mobile home

How many trailers is a mobile home park?

I've seen some with 12 and some with over 400 ! - In Canada, at least there are no rules about that.

Can a mobile home tow over its weight?

A mobile home can't tow ANYTHING ! A true mobile home has no motive power.

What is the most reliable type of mobile home insurance?

there are several reliable insurance companies for mobile home owners. Visit or for mobile home insurance providers.

Do you pay sales tax on a new Mobile home home in Louisiana?

In Louisiana, under Act 500 of the Louisiana 2009 Regular Legislative Session, mobile home owners who reside in the home will pay tax on 46 % of the retail price. If the owner does NOT reside in the home ,they will pay tax based on the total cost of the home. This sales tax does not apply to any subsequent sale of the home.

What is the Hebrew word for mobile home?

mobile home = bayit nayad

If a mobile home is not attached to Texas real property and I default on the mobile home what can the mortgage holder do?

Take the mobile home back and sell it.