SOOO tired of slumlords! Got a line on a mobile home in foreclosure. Needs work, but affordable and I have cash for purchase.
Question: do finance companies negotiate price?
Question: back rent from prior tenant is alot, negotiable also?
Question: what are the other costs entailed? I would pay the foreclosure price, giving me full ownership. But, is there tax? title fees? I read something about AC hookup and skirting fees. how much are these normally, ballpark figure? It has a skirt, no AC unit, no propane tank.
And, when rehabbing, any rules as in tile vs linoleum, hardwood vs carpet?
Is there a use and occupancy needed before moving in?
Permits for rehabbing baths/kitchens? (scratch & dents and floor samples!) OH! And, I know with houses, old bills can go to new owners. Is it the same with mobile homes?
Right now I am living in a mold filled apt with 74 days to leave (my choice, obviously). The lot rent of this foreclosure is half of what apts are in my area.
Any assistance in getting this first timer here moving would be appreciated!