Bank REOs Archives - Adventures in Mobile Homes

Investing 101: Working With Banks

by mobilehomegurl
in Bank REOs, investing 101
on June 17, 2010

1

Recently, I’ve been getting a bit agitated and annoyed working with banks on their mobile home inventories. Right now, the banks owned mobiles are just too much of a risk for what the banks (in my experience) are looking to get. It’s getting to the point where even the parks won’t buy them back. And,…
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Update: 3/2 Singlewide Mobile Home In a Park (Bank Owned)

by mobilehomegurl
in Bank REOs, case study, negotiating, update
on May 20, 2010

1

Thought I’d give everyone an update on the mobile home I mentioned in this post – I’ve been in negotiations with the bank on this one. So, I got all my numbers together on the fix up work needed to bring this home in marketable condition. And, I presented my offer to the bank. Here’s…
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Bank REOs

by mobilehomegurl
in Bank REOs
on September 6, 2008

1

With the end of the year approaching, my new angle is to work the bank REOs in addition to working with individual sellers. Surprisingly, the banks have been more than helpful. Personally, I was a little apprehensive working with the banks as I’ve heard they are hard to deal with and have been unresponsive to…
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