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Replies (5)
- Daniel Reynolds, "Broker Executives"
- Contributions:355
Is it because the lot isn't finished? It's possible the property isn't zoned right which doesn't allow them to refinance it residential. Or they could be red-lining the property and if that's the case, you could just call another broker.
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
"Stick Built," is that a Log House? Also, do you own the lot or land, or is this leased?
Happy funding, Rudi
Happy funding, Rudi
- majorpapa
- Contributions:2
house is finished, not a log house, 2x6 construction, I own the lot and land, area is zoned mobile home, someone replying to me asked if property is red-lined.....I do not know what that means real estate-wise
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Well then, I would get in contact with these folks to see if they may be able to help you: http://www.surpriseaz.gov/index.aspx?NID=795
Happy funding, Rudi
Happy funding, Rudi
- Mark Nehs, Wisconsin, "WI Mortgage Lender"
- Contributions:250
Not sure if I am understanding this one right or not but I think you have 2 problems with getting fixed rate or conventional financing
1. Zoning -- zoned mobile home
2. Comparable properties -- because it sounds like you have a regular house in a RV park which is not very common so comparable properties to help determine a value and resale would be a challenge
1. Zoning -- zoned mobile home
2. Comparable properties -- because it sounds like you have a regular house in a RV park which is not very common so comparable properties to help determine a value and resale would be a challenge
Banks won't refi in a resort area - 17200 w bell rd lot 1140
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