Who holds title to mobile home under seller financing?
When I put someone on a note under seller financing for a mobile home I'm selling, do I hold the title in my name or is there a way to transfer title to my buyer's name at the time I put them on the note? I'm asking because the park I'm looking to buy in doesn't allow rentals and they require that the titled owner lives in the home.
Can I do "seller financing" or would I need to sell it outright?
Thanks!
Eric