Deactivate Manufactured home title

Author Message
Icon Mini Profile thehurleysnewmexico





Joined: 01 Mar 2010

Posts: 1

1.00 Dollars($)
Post Posted: Sat May 29, 2010 12:26 pm    Post subject: Deactivate Manufactured home title
Like
Dislike

In New Mexico you can't deactivate your title with out paying the lien off first. This makes it impossible to refinance your property.
But the state is taxing me as permanent structure. Here's the rub. The criteria for permanent structure states you have to have a deactivated title.
Any help would be appreciated
Thank you for your time.
Jehda Shocked
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005

Posts: 12179
Location: ALASKA
1313.94 Dollars($)
Post Posted: Sun May 30, 2010 10:02 pm    Post subject:
Like
Dislike

Hi thehurleysnewmexico,

As far as I know, the Department of Motor Vehicles deactivates the title to a manufactured home when the owner of the manufactured home, requests in writing for the same. The title can be deactivated when it is free and clear of all recorded liens and encumbrances. If you do not meet the required criteria, you won't be able to deactivate the title.

_________________
Procrastination is the enemy of your financial success
All times are GMT - 7 Hours
Page 1 of 1

 

Page loaded in 0.436 seconds.