On my way to doing first deal. Someone please help!

i know i have bought and sold a few and you just have to have the title of the mobile home signed over to you.its just like a car.....the owner signs on back as seller and you sign title as buyer.i have never done one in any state other than ny .no closing.make sure the title shows no lein.
jay

Thanks JbToggs. So I won't need a notary or anything? I am in Florida. I doubt if the laws would be too different.

Carlos,

Congratulations on your deal!

i have never used one but like i said i dont know about any other state but every one i did i just signed the title as buyer and we sent the title in to i believe the motorvehicles dept ny and it came back with a new title in my name ...simple as that but that is just my experience with it.i dont want to give you mis information...just what i did.now you CAN sign a purchase agreement AND NOTORIZE and keep copies .If your not sure just sign them and notorize but you HAVE to sign the title ...both you and seller and send it in with a fee...then you will legally own it when u get back the TITLE in your name.i didnt know this until i did a few mobile home deals....here its the SAME as buying a vehicle.good luck carlos....let me know how u make out....pm me if u need help with this and we can overcome ANY problem !!
jay

pm me and give me your contact in fo and i will call u immediately....got a few minutes to spare
jay

pm me and give me your contact in fo and i will call u immediately....got a few minutes to spare
jay

...this should help.

http://www.flhsmv.gov/mobilehome/mobile1.html

Good luck!

alright...great help !! i also found this info valuable and right here at our fingertips.
i see my opinion was ok with a used mhome ...u treat it just like buying a motor vehicle..........however after talking to carlos i believe we came to the conclusion the park rent was an issue or could be......maybe he will explain what he learned and share his knowledge !!

thanks mark !!
and was awesome talking to carlos...sounds like he will do well in real estate.he is willing to LISTEN TO OTHERS...which is what will make him learn FASTER.wishing you success carlos.

jay

Carlos didn't say if he was going to stay in it or flip it?

$2000 is a pretty good deal for most MHs, park rent shouldn't be an issue, find a retail buyer.

If anybody wants more info on buying/selling mobile homes, a book I found very helpful (but didn't put into practice) is Lonnie Scruggs Deals on Wheels.

One more thing, listening to others is fine, as long as you know they are knowledgeable and not feeding you false info. Not that I doubted you at all Jay

Take care and be safe in this ridiculous heat !!