Zillow Advice: Buying Process - do i have to sell my mobile home before i purchase another home? http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ Zillow Advice | Zillow Real Estate You also have to consider ... http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ You also have to consider if your trailer&nbsp; court would allow you to rent it out.&nbsp; Some do not. Mon, 14 Feb 2011 06:32:00 GMT http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ 2011-02-14T06:32:00Z Hello,&nbsp; My advice is ... http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ Hello,<br/>&nbsp; My advice is to first contact a Real Estate Agent in your area to let them see your property and prepare a comparative market analysis for you.&nbsp; Who knows, your property may be worth more than you think!<br/> &nbsp;&nbsp; Secondly, if it is not and you owe more than what it is worth - contact your lender again.&nbsp;&nbsp;&nbsp;If you are considering a short sell let a real estate agent help you with that as well, they will be able to guide you through this process and be a great contact for the bank.&nbsp;&nbsp;<br/>&nbsp;&nbsp;&nbsp; A third thing you can do is contact several lenders and see what they can offer you.&nbsp; They will be glad to evaluate your situation and let you know what your options are.&nbsp;It is really&nbsp;easy to give up after the first&nbsp;few no's, but Don't!! &nbsp;All this advice is&nbsp;assuming you have to move - or really want to. If you don't and your property turns out to be worth less than what you owe, you may want to sit on your property a little longer to avoid having a short sell on your credit.&nbsp;<br/> Hope this helps and don't be afraid to keep trying if you don't get the answer you want to hear on the first, second, third.. you know where I'm&nbsp;going with this!&nbsp;:)&nbsp; Please let me know if there is anything&nbsp;I can do for you!<br/>Very&nbsp;Respectfully,<br/>Brandy Bradley<br/>Home Shop Realty<br/>803.669.1011<br/>brandybradley1@yahoo.com<br/>Citadel '08 Fri, 11 Feb 2011 15:12:00 GMT http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ 2011-02-11T15:12:00Z With the new restrictions ... http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ With the new restrictions on loans most lenders want you to show a history of rentals in the past and at least 6 months on the property that you want excluded. Then they only count 75 percent of the rent paid. So the short answer is that you most likely will not be able to qualify but talk to your loan officer and I am sure that is what he or she will tell you. Fri, 11 Feb 2011 02:50:00 GMT http://www.zillow.com/advice-thread/do-i-have-to-sell-my-mobile-home-before-i-purchase-another-home/385437/ 2011-02-11T02:50:00Z