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that would depend on whether you own it outright, or it is the subject of a personal loan, or a mortgage.

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12y ago

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When is it necessary to repo mobile homes?

It is necessary for banks to repossess mobile homes if the owners cannot pay the mortgage. Often banks will sell these repossessed homes for a cheaper price because they need to get rid of it fast.


Where can one find foreclosed houses in Pittsburgh?

One can find foreclosed homes in Pittsburgh on Zillow, which features Foreclosed Properties for Sale in Pittsburgh. Other resources for foreclosed homes include homes yahoo, foreclosures bank of america and bank foreclosure sales.


How can anyone get into buying foreclosed homes?

When foreclosed homes are put up for auction that are usually held publicly by the banks. If you are able to meet all the requirements than you can purchase a foreclosed home.


What are some benefits of buying a foreclosed home?

There are a few benefits of buying a foreclosed home. Foreclosed homes are generally cheaper than non-foreclosed homes. One can also negotiated for a better deal with a foreclosed home because banks want to sell the home quickly.


Where to check out foreclosed homes in va at?

If someone wanted to check out foreclosed homes in Va at there are a variety of places where someone can do so. Some of these places are foreclosures, zillow and Yahoo homes.


What is bank owned homes?

bank owned homes are homes that have been foreclosed by a bank.


What are some cheap homes in Denver?

While there are many cheap homes in Denver, the cheapest ones are going to be ones that are marked as "Foreclosed". The prices on the foreclosed homes rank anywhere from $55,000-$85000.


What state has the most foreclosed homes?

In the Us the state with the most foreclosed homes is California. This is because it is one of the largest states and therefore more people are living there.


Should one buy foreclosed homes for sale?

There is nothing wrong with buying foreclosed homes. A professional should be hired to inspect the home and find out what kind of repairs will be needed. There are pros and cons with purchasing a foreclosed home.


Where can I get information about foreclosed homes for sale?

Information about foreclosed homes in your area will available at the county or city hall. Your local government will have information regarding foreclosed homes due to property tax information. You may also find homes that are available for purchase due to owner's lack of responsibility in paying property taxes.


Where can I find a list of bank foreclosed homes?

Depending on where you live, you can find a lot of bank foreclosed homes that should fit any budget. A lot of the time they have them in your local newspaper. Or, if you have a bank that you go to, I'm sure they could give you a list of local foreclosed homes for you to look at.


How would one go about finding repo mobile homes to purchase?

Several years ago, I did just that to buy the home I now live in. I live near a city that has several mobile home dealerships, and it was just a matter of visiting and talking to several different dealerships, letting them know I was looking for a trade-in or repo. Understand that most of the homes you will be shown will be in terrible condition. Persevere and you will find the home(s) you are looking for. I did. When mobile homes are repossessed, the lender takes back possession of the home. Therefore, your local banks will have listings of mobile homes they have repossessed and are looking to sell quickly.