Posted by Blane (MI) on March 14, 2001 at 12:57:12:
I don’t know offhand if it’s legal or not (where are you at?), but it sounds similar to what some of the MH finance companies are doing. For example, I’ve talked to people who couldn’t get approved through Conseco for a $15,000-$20,000 home from a private seller, but Conseco would approve them for one of their $50,000 repos. Maybe your park or manager has some sort of deal going under the table with a finance company.
I could be wrong, but approving someone who filed BK in Feb. of 2001 smells of desperation maybe? Either way, the park is now your competitor. Another talk with the PM is necessary, and in the meantime I’d find another park. Good luck and let us know how it goes.