Friday, July 16, 2010

Mobile Home Loan in Santa Rosa Closing with buyers getting "instant equity" : appraisal came in above purchase price

A relatively new, nine-year-old manufactured home in a park, will have new owners next week. The buyers are getting "instant equity".

The appraisal came in above purchase price.

The appraiser says the home is worth $6,000 MORE than the contract price. The buyers are very pleased, and the loan officer is very pleased.

Contact me any time to discuss MH lending.

800-401-3372

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