All Forum Posts by: James Gravitt

I see you're in Godley TX. Are you currently buying and selling MH? Woul dit be possible for us to speak? I'm pretty nervous, I'm sure as most beginners are.

Does anyone know if we have to obtain a dealers license to sell MH here in TX?

If I'm financing a MH that I moved to my clients own land and they fail to make payments that forces me to repo the home, how would that work? Would I have to actually remove the home at that time?

I have woman who wants me to finance her a MH and move it to her land. If the deal goes bad later on, how would I kick her out of the MH, since its on her land?

What are the steps to sell notes once you have a contract in place? What would a note buyer require? Does anyone here buy notes?

After I had so many helpful people respond to my last question, I was hoping for some help with this issue.

Do you charge simple interest or compound interest on your mobile home sales?

Thanks guys, for all your help.

Can someone help me with financing? If I had a MH for sale for $8000 and charged 10% interest, how do you figure it? Surely its not just adding 10% to the total for $8800, is it? Is it compound interest?

Any help would be appreciated.