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I live in a mobile home park in California where the land is leased. The rent payments have gone up so much over the years that we can no longer afford to stay here. I have been trying to sell the home for over 2 years with no luck because the rent is too high and we owe literally 3 to 4 times the amount of money other homes in the park are selling for. The mortgage company refuses to work with us. What will happen if we walk away from the home and it is reposessed? What are the risks other than bad credit?

jameshogg · Posted: Sun Nov 01, 2009 7:54 pm Post subject:

Hi Michelle,

A query similar to yours has been answered in the given page:
http://www.mortgagefit.com/problems/walkaway-mobilehome.html

Please take a look at it. I hope it'll help you.

Thanks.

apple8520 · Joined: 02 Nov 2009 Posts: 3 1.38 Dollars($)

I have been trying to sell the home for over 2 years with no luck because the rent is too high and we owe literally 3 to 4 times the amount of money other homes in the park are selling for. The mortgage company refuses to work with us. What will happen if we walk away from the home and it is reposessed? What are the risks other than bad credit?

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Guest

Hello,
Help me to find popular loans sites.With best regards,
inditsantelia

Guest

Do a google search and I'm sure you would get the popular loan websites.

snvservices · Joined: 20 Nov 2009 Posts: 17 3.29 Dollars($)

Hi,

There are two sites that will be helpful as per your query as,
infofaq.com/buying-online/loans/reviews.html and loansinteractive.com.

These are some sites just go through it and it will nodoubt will prove to be helpful.

Thanks!

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