Posted on: 23rd Mar, 2010 12:07 pm
We purchased a mobile home it got forclosed on and the The mobile home is not on the land we put up as down payment. The morgage company paid back taxes in nov and raised payments alot .forclosure was Jan. Do they have to move home or what? Land that home is on deed is held by another bank.
If the property has been foreclosed by the lender, then he has the rights to move the mobile home. The land loan is with some other lender, so the mobile home loan lender will not be able to take it over.