Sunday, August 22, 2010

Do those companies that buy homes ';as is'; buy manufactured homes? ?

Not to be confused with a mobile home.We're looking to sell our house and just want to get out from under it. Any help?Do those companies that buy homes ';as is'; buy manufactured homes? ?
Yes, they do. Understand that these are private individuals who have paid a franchise fee. They get a percentage of the calls from tv ads and billboards. They pay you 60% of the value and you hit the road. For some people this is worth it because you don't have to put the house up for sale..Do those companies that buy homes ';as is'; buy manufactured homes? ?
They probably will, because they are private investors and they will buy anything where they can make a profit. However, keep in mind that in order for them to make a profit they must make you a very low offer! So while they will probably buy your house, you won't like the price. Unless you have a lot of equity, they probably won't even offer you the mortgage balance, so it may not help you get ';out from under it';. Still, it can't hurt to call them and ask. The worst they can say is no.
You should contact at least 2 home buying companies do determine if you are getting a fair price. getting out from under could result in a considerable loss. See if any of the Mortgage supported plans of the Federal Government could help you out.
They do but way below what the worth of the home currently is. Best thing to do is lower the sales price way below what the current is.





You're lucky to get a sale, let alone what you paid for a property in today's market.

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