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View Full Version : If I default on my loan, how long does it take for a repo on my mobile home?


dixie96
Jun 3, 2012, 12:24 PM
How long does it take for the bank to kick us out if I default on my loan? I have a mobile home on leased land, mobile home park. I also owe $5,000.00 for space rent and utilities.

smoothy
Jun 3, 2012, 12:33 PM
How long does it take for the bank to kick us out if I default on my loan? I have a mobile home on leased land, mobile home park. I also owe $5,000.00 for space rent and utilities.

Depends... a little or a lot. The trailer park can toss you out for non-payment the fastest. As little as 30 days depending on what state this is.

Fr_Chuck
Jun 3, 2012, 12:33 PM
They may do it in anytime you are in default. Often they will try to work with you over two or three months.