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What are the chances of getting a 2nd mortgage for a trailer near the ocean in a camping ground?
Posted on August 9th, 2010 1 commentMom of 2 great boys asked:
I’ve asked this question before about campers, trailers, permanent sites at a camping ground in South Carolina.I am doing alot of research here and many of my feedbacks have been negative about any bank or financial institute even considering a 2nd mortgage or loan to purchase one of these so called trailers in a campground.
I also am getting negative feedbacks on the resale value on these structures.
Anyone know, or how to go about looking for a reputable lender in South Carolina? I am in North Carolina and my broker does not know anyone nor does he have any advice for me on this situation. He told me to check in South Carolina.
So, here I am asking you.
Any help will be greatly appreciated.
Wilma -
legal advise on a settlement with a mortgage?
Posted on March 23rd, 2010 2 commentsbruce m asked:
hello,
I have been battleing a ordeal with my mortage company for sometime now. About a 2 years ago i got a 2nd mortgage. About 6 months ago i wanted to refi but i soon discovered i owed more then the home was worth. The company had both my first and second after that. they inflated the value by 30k. Making it impossible to refinance to sell or refinance. I had to get the state of Kansas attorney general involved. The company did take fault at over valued the property. the company offered to re write the loan on todays apprased value and what ever the diffrence they would expense it with in there orgniation. I close on the loan next week and the difference is about 33k they are going to eat. Now should i be concerned here! should i get a lawer at this point? or should i just use the backing of a the kansas attorney generals office.
Thx
Beatrice
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