Note for sale


#1

I have a note that I would like to sell either partial or full. It’s a mobil home note. This is a home that I sold in my park. The note is 3 months old. The original note was $12,500 for 84 months at 12%. My park is in Texas.


#2

Do you have pictures of the trailer?

How much does the lease space for (in case I foreclose)

Is the trailer used for collatoral in the contract?

Where is the trailer located?

What’s the year model of the trailer?

What could you sale the trailer for today?


#3

Yes I have pictures.

Our lot rent is $175

I own the trailer and I sold it and I am carrying the paper.

The home is located in my park in Texas

It’s a 1985 Redman

I sold it for 14,000, i think the NADA is $10k


#4

May I ask a question? You mentioned you sold your mobile home and that you had a note on it. I have been considering selling my homes and financing them. My park is in Virginia. Should I do rent to own, fix up a note and how would I do that, or lease to own and if someone could explain the differences I would appreciated it. What is the best way to do this kind of transaction?


#5

Fred Balke is the man to ask about Virginia. He holds many notes there from before he bought the park in Georgia! I am sure he can and will give you much information.


#6

get the lonnie scruggs book DEALS ON WHEELS and it also includes all the forms that he uses and he is from virginia.

matt


#7

e-mail me.

jacobd@grandecom.net


#8

I am always interested in good notes. We especially like notes held by park owners! Please e-mail me off board at marc@creativefundingservice.com if you have not sold this yet.

Live

Marc Faulkner (269)806-8802