Can Ya HEP Me? “Emergency” - Posted by Chris Baker
Posted by Chris Baker on March 01, 2001 at 03:13:11:
Seriously, please. I got an agreement to sell my pocket drain in another state to a very nice lady and I don’t have any paperwork. I have (had) a MH in KS while I am in GA and it has been draining me financially, since my so called agent / manager has let it sit empty for almost 7 months. Well, I finally got it sold, quite creatively, in a WIN / WIN agreement. I win because I will get reliefe on the pauments and lot rent, my buyer wins because she gets a great deal. The problem, I have some forms for Real Estate (fill in the blank) but nothing for a mobile home (personal property).
Could someone Please, email me a simple fill in the blank form to get this deal done with my savior buyer? What I need is a retail installment agreemant type of form for the MH. If you need more info, here are the details…
Sale price 12k, no down, no qualifying. Monthly payments of $199.43 for 72 months @ 12.75% Then a baloon payment of 2K. The financing part and interest covers 10K and the 2K is interest free and a baloon pymt. Transfer of title will be upon satisfaction of agreed payments. Thank you in advance, I look foreward to learning alot from this site and you experts. I am trying to get into the business in my new area, but got to get rid of this empty house 1300 miles away.