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Company Loan Type APR Est. Pmt.

mobile home a nightmare!

Posted on: 10th Jun, 2009 02:50 pm
Is there a statue of limitation after foreclosure on a mobile home? Its sitting 6 years empty. Finance Co. went out of business. Land is owned and clear title. Do I have the right to have it pulled and dispose it?
Hi darla!

Welcome to forums!

As far as I know, there's no statute of limitation on a foreclosure. Though you own the land free and clear, the property on it has been foreclosed by the lender. I would suggest you to contact the lender or whoever is the present owner of the mobile home and negotiate. You can even contact an attorney and get his opinion in this regard.

Feel free to ask if you have further queries.

Sussane
Posted on: 10th Jun, 2009 07:38 pm
Yes, i agree with Smith. :lol: :lol: :lol:
Posted on: 10th Jun, 2009 11:22 pm
I contacted the lawyer that represented the finance co. and was told the case was closed. Finance company went out of business and the ones that apparently bought them out have no records.
Posted on: 11th Jun, 2009 02:51 am
Hi hotwing,

In such a situation, as Sussane has mentioned, you should contact an attorney and get his opinion in this regard. He will be the best person to let you know what steps you need to take.

Thanks
Posted on: 11th Jun, 2009 08:16 pm
how long does a finace company have to remove a mobile home off the land, after defaulting on a loan in the state of Missiouri??
Posted on: 06th Jan, 2013 07:48 pm
Hi deep,

It will depend upon the agreement that has been signed between both the parties. Depending upon that, the finance company will have to remove the property.

Thanks
Posted on: 06th Jan, 2013 11:25 pm
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