[unhappyinpark]

Hi,

We moved into our manufactured home just over 8 years ago. The loan is a co-ownership with my husband's grandfather. The way the loan is set up is a 20 year loan, paid bi-weekly, we were told that paying bi-weekly would pay off the home in 14 years rather than the full 20. The house was a perfect fit for us 8 years ago, when we had only 2 children. Now we have 4 children of our own and full guardianship of my 14 year old sister, and we are packed in like sardines! Our credit is not great, we've already been told of some things that we need to fix in order to get qualified to buy a house.

My problem is selling the house we are in now. It is a 1993 double wide on a fairly decent sized lot. There are definitely improvements that need to be made on the house, which we are slowly but surely working on. 2 years ago we converted the dining room into a bedroom for my 10 year old son when my sister moved in. I don't know if we're going to need to take down the wall from that to put it back to the original way it was or not. I have no problem doing that. I'm also not real worried about making any money at all off the house, just want our loan paid off, we can't just abandon it and let husband's grandpa take the fall for it. I know the things we need to do IN the house to make it ready for sale. Houses in this park do not seem to be selling, unless the park management sells them, in which case, the park normally comes into abandoned houses and paints, and replaces all the carpet and offers them special deals. I am not interested in listing the house through the park, as they charge 15% on the sale of the house.

If more details are needed, I can provide them, just let me know. Just wanting to know if any ideas of what we should do and how we can/should do it. Thank you very much!

[unhappyinpark]

Hi,

We moved into our manufactured home just over 8 years ago. The loan is a co-ownership with my husband's grandfather. The way the loan is set up is a 20 year loan, paid bi-weekly, we were told that paying bi-weekly would pay off the home in 14 years rather than the full 20. The house was a perfect fit for us 8 years ago, when we had only 2 children. Now we have 4 children of our own and full guardianship of my 14 year old sister, and we are packed in like sardines! Our credit is not great, we've already been told of some things that we need to fix in order to get qualified to buy a house.

My problem is selling the house we are in now. It is a 1993 double wide on a fairly decent sized lot. There are definitely improvements that need to be made on the house, which we are slowly but surely working on. 2 years ago we converted the dining room into a bedroom for my 10 year old son when my sister moved in. I don't know if we're going to need to take down the wall from that to put it back to the original way it was or not. I have no problem doing that. I'm also not real worried about making any money at all off of the house, just want our loan paid off, we can't just abandon it and let husband's grandpa take the fall for it. I know the things we need to do IN the house to make it ready for sale. Houses in this park do not seem to be selling, unless the park management sells them, in which case, the park normally comes into abandoned houses and paints, and replaces all the carpet and offers them special deals. I am not interested in listing the house through the park, as they charge 15% on the sale of the house.

If more details are needed, I can provide them, just let me know. Just wanting to know if any ideas of what we should do and how we can/should do it. Thank you very much!

No help?? :(