Need guidence-1st time mobile home to be owner
I hope I can get some good advice here, and or direction.
I am looking at buying a mobile home (older home).
* I have a bankruptcy on my record and no other current debts of any kind.
* Due to the recession (so some call it that), this is probably the best time for someone looking to buy, to get in!
* I am looking for a 1-2 bedroom mobile that allows pets (2 small dogs).
I am told by some people that many lenders will not loan on mobile homes, BUT by the same token, those wanting out of their mobiles are either stuck or they will carry a note for you. Has anyone had this experience? If I cannot find a lender, and I find homes sold by the present owners, is carrying a note a possibility? I know of car lots that will do that with used cars.
I am 49 years old. The nicer parks are 55+. I was told by a Realtor that the only way I can get into the 55 and over park is to put my mother's name on the paperwork, which I would be willing to do. The homes I am finding seem to be in the age criteria of 55+ . The homes are moderately priced right now and I have a fairly good down payment. The current place I live at is a rental of over 14 years, though not on any credit report because I found it through a private party.
Any advice, pointers on the above are appreciated.