Updated about 10 years ago on . Most recent reply
Buyer stopped paying his finance fees. How to take possession
Hi,
I sold a mobile home and financed it to the buyer. I have a good contract and a lean on it. The buyer after the first month stopped paying the monthly fee and won’t respond to my calls. I have no choice but to take legal action. What are the steps I need to take? I really don’t want to hire an attorney as the sale price doesn’t have enough meat… any advice would be helpful. Thanks!
Most Popular Reply
First, in TN if you hold title in a company name you are required to be represented by an attorney (I believe). If not, I would send him his notice and start the process quickly to evict. During the time before you go to court make sure you talk to the guy. I always tell my MH buyers that if you leave the home clean and get out I will not garnish wages but if they force me to go the distance then I will find them and garnish wages. It is all about communicating the message to them. In 15 years, over many homes owner financed, I have had to have the sheriff physically evict 1 person. But, I have had some homes that were left behind in a mess. That is the business you are in with mobile homes.