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    lisareynolds's Avatar
    lisareynolds Posts: 1, Reputation: 1
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    #1

    Aug 20, 2010, 09:26 AM
    Can bank damage my property to get foreclosed mobile home
    Divorced in Texas 25 yrs. Wife awarded home can't pay for it... land sits on was hers before marriage.. wife evicted out of house she was awarded. After foreclosed on mobile home does bank have to do a sheriff's sale. Can they destroy personal property and who is responsible if they do to get the foreclosed mobile home off land that is not a part of the mobile home
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #2

    Aug 20, 2010, 02:41 PM

    A bank will call in a professional mobile home mover to properly prepare the home for removal off the property. These people generally do not "wreck" things. If the home does, for instance, have a patio awning attached to the home, the awning would be removed and left at the homesite. If there was a shed, the shed would be left at the homesite as well.

    What sort of personal property are you referring to that could be destroyed if the home is moved?

    The bank may not have a Sheriff's Sale. Sheriff's sales are usually for back taxes situations. The mobile home has a chattel loan and not a mortgage loan. Different thing. It's like a loan on a car - not a loan on a home.

    The bank would probably just move the home off the homesite to have it auctioned off elsewhere. If the home was part of the land then the home would stay on the land and be auctioned with the land, but since the land and the home are separate, the home will definitely be moved off the present location.

    Finance companies that hold mobile home loans in a case like you are describing would definitely move the home off the present land. It makes it easier to auction off and dispose of for them.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Aug 20, 2010, 07:04 PM

    Yes, when a mobile home is "repo'ed" think of it more like a car than a house.

    They will send a moving crew in normally that will disconnect water, gas, electric, they will take off porches, and attachments and move it out.

    As to damage, there will be a spot where it set, there will be pipes coming out of ground, and perhaps ruts in ground where the home is moved out.

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