Maybe I am missing something, but it would seem that he could easily get a conventional mortgage to buy either the HUD or realtor listed property, why would you need to be involved? Are you trying to purchase the MH?
A prospect called. Wants to move out of his MH -$20,000 balance left - and into a home. Already knows which home - it is for sale for $115,000 through a realtor. Also next door property would be acceptable - this one is for sale for $115,000 through HUD.
Prospect states he has good credit, was approved for mortgage of $120,000 2 years ago. Has larger down-payment. Willing to pay between $110,000-$115,000.