property issues

[courtgirl]

What is the name of your state?AR

There is some property I've been looking to buy. The owner used it as collateral in a land-home package to purchase a mobile home. The owner has now since moved the mobile home off the property. Does he have to wait until the home is paid off before he can relinquish the property through selling? Can he rent the property out with a contract for buyer to purchase later? What can he do to get rid of the property? Is there any way to sell the property?

[BelizeBreeze]

Originally Posted by courtgirl

What is the name of your state?AR

There is some property I've been looking to buy. The owner used it as collateral in a land-home package to purchase a mobile home. The owner has now since moved the mobile home off the property. Does he have to wait until the home is paid off before he can relinquish the property through selling? Can he rent the property out with a contract for buyer to purchase later? What can he do to get rid of the property? Is there any way to sell the property?

These are question you need to ask the financial institution that holds the loan.