Originated From
AOL Search

Will manufactured home dealerships except a double wide trade-in that still has a loan balance?

Will manufactured home dealerships except a double wide trade-in that still has a loan balance? 

We own quite a bit of property and my husband never plans on selling it.  It has been in his family for 5 generations.  The sensible thought of building sounds depressing, in a way, to me because I don't want to think that would be the last place I would ever live in.  I know that might sound funny to some people, but that is just how I am.  My husband is not like that.  I like the excitement and possiblity of having a new place every 10 years or so.  Or, at least the opportunity if desired.  I know at some point I would need to stick with the same home so that at retirement we wouldn't have much left to pay on.  Also, would it be smarter to pay as much extra on that loan as possible up until trade in time, or would that be kind of like throwing extra money away?  Maybe I should try to pay it off, then trade it in for as much as possible?  I live in a single wide now and am only going to get the pay-off amount for it at trade-in time.  If even that!  But, I only paid for 5 years on it.  I don't think I would like all the hassle of selling it on my own?  Thanks!

Liked this question? Tell your friends about it

Answers

Mobile home trade-ins are common.  In my area, Hinesville, GA, the army personnel upgrade often.  Just like a car trade-in.  The way the economy is, expect a solid deal.  Even salvage value is respectable.  If it comes to salvage, they will dismantle it right on the spot as most county ordinances prohibit moving the trailer prior to dismantling. 

Day Trader--TradeStation

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: Why cant a manufactured home have been previously ...

why cant a manufactured home have been previously installed to be eligable for FHA Financing?

Asked: Leading glass manufacturer?

Leading glass manufacturer?

Asked: Manufacturers who provide T 6 options & LED ...

Need a manufacturer who provides T6 and/or LED options for installation.

Ask a Question... We'll forward it to people who know

More Questions

Where can I get personal loans in Dubai?

Have you been looking for a loan?Do you need an urgent personal or business loan?contact Dennis Hopkins Finance Home he help me with a loan of $300.000 some days ago after been scammed of $2500 from a woman claiming to been a loan lender but i thank God today that i got my loan worth $300.000.Feel ...

Do you need a loan at low interest apply now

If I were to ever consider taking a loan out, I would want the lender and the people that they hire to advertise for them to be fluent in my language.

Best lowest home loan rate available?

You can get from this "Lending Universe Inc." company without credit. website address:Website: http://www.lendinguniverse.com Contact details given below. Registered members: Loan Brokers 17,295 Lenders 10,223 Appraisers 17,664 Real Estate Agents 15,610 Email Address: service@lendinguniverse ...