- Joined
- Jan 29, 2008
- Messages
- 1,025
Hello,
I was hoping some of you may have some past experience regarding mobile homes. Do they have titles (in Alberta) or is there a registry for serial numbers similar to how autos work?
How would I check whether a mobile home has a lien against it? I'm looking at buying for cash, so I wouldn't need to get a loan, but would want to make sure I had clear title.
Also, would potential arrears in lot rent attach to the home? Would that be senior to a lien? I'm looking at an exit strategy of selling with seller financing, so I'd want to understand what claims could be senior to my lien.
Were there any major changes in the building code for mobiles. Intuitively a 2004 mobile is much better than a 1974 mobile, but was there any point where a change in rules occured (ie a 1996 is much better than a 1994 or something like that)
Is there anything else I didn't ask that I should have? Any words of widom or experiences? Anecdotes also welcome.
This is a type of housing that doesn't get much investment writing done on it, so anything you have would be welcome.
Regards,
Michael
I was hoping some of you may have some past experience regarding mobile homes. Do they have titles (in Alberta) or is there a registry for serial numbers similar to how autos work?
How would I check whether a mobile home has a lien against it? I'm looking at buying for cash, so I wouldn't need to get a loan, but would want to make sure I had clear title.
Also, would potential arrears in lot rent attach to the home? Would that be senior to a lien? I'm looking at an exit strategy of selling with seller financing, so I'd want to understand what claims could be senior to my lien.
Were there any major changes in the building code for mobiles. Intuitively a 2004 mobile is much better than a 1974 mobile, but was there any point where a change in rules occured (ie a 1996 is much better than a 1994 or something like that)
Is there anything else I didn't ask that I should have? Any words of widom or experiences? Anecdotes also welcome.
This is a type of housing that doesn't get much investment writing done on it, so anything you have would be welcome.
Regards,
Michael