Title Companies and Lenders – Is This Familiar?

Does just hearing the words “manufactured home” or “mobile home” make you cringe? Are you tired of dealing with the Department of Housing and Community Development?   Does your mobile home title work get kicked back even though you followed instructions exactly? Do you enjoy endlessly fighting with previous lenders for titles or lien satisfactions? How many hours of your life have you wasted standing in line at the DMV? Do your sellers really have titles? Are they still in some dead guy’s name from three sales ago?

If you are a Title Company, the manufactured home may have never been transferred into your seller’s name  or been detitled.  Yikes, it may still be in the name of the third owner back, or in the deceased mother’s name, or in the name of the bank that foreclosed it six years ago, or in the ex-husband’s name who is now in jail. Continue reading →