Am selling my manufactured home on a foundation and pay real estate taxes in Va. Who finances
AnswerAnonymous
There are several options for financing the sale of a manufactured home on a foundation in Virginia. Some possibilities include:
- Traditional mortgage lenders: Some banks and mortgage lenders may offer financing for manufactured homes on a foundation, particularly if they meet certain eligibility criteria.
- Manufactured home lenders: There are lenders that specialize in providing financing for manufactured homes, and they may be more willing to work with borrowers who have these types of properties.
- Owner financing: If you are selling your manufactured home, you may be able to offer financing directly to the buyer. This can be a good option if the buyer is unable to secure traditional financing or if you want to retain more control over the terms of the sale.
- Government-backed loans: VA loans and FHA loans are government-backed loan programs that can be used to purchase manufactured homes on a foundation. However, these programs may have eligibility criteria that must be met.
It's recommended to research and compare multiple financing options to find the best fit for your specific situation.
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