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westsidebishop
Guest
We bought a mobile home from our boss. we manage a mobile home park.The purchase price of the mobile was $2700.00. he faxed us the immortizaton sheet up.this says beginning balance #3049.00 This sheet shows end bal. after 1st payment $2852.96 interest $25.41. And this goes on for a total of the 13 payments we owed him.And of course it goes down with each payment. On where it says mobile cost $3049.00 it says $2700.00 plus fees & last years licence.When the owner transferred the mobile last year he made himself the registered and legal owner.We told him that it should of been put in our name with him as the lien holder. We already paid for the transfer fees in the total price of the mobile.We paid it off 111/9/2000 as should of been. wefeel he should now pay the transfer fees of $210.00 and we pay the licence. Who is right?? Please help.We could not get insurance in our name while we were paying on the mobile and they made us get it through them at $14.00 per month.Which we paid for the 13 payments.We feel it should be when you buy a car you pay transfer fees and licence and the vehicle goes in your name with them as the lien holder.You pay it off and they sign off as lien holder and you don't pay transfer fees twice.What can we do about this??