Oakland Michigan Contrato de financiación del propietario para Moblie Home - Owner Financing Contract for Moblie Home

State:
Multi-State
County:
Oakland
Control #:
US-01326BG-2
Format:
Word
Instant download

Description

This agreement contains a security agreement creating a security interest in the property being sold. A security interest refers to the property rights of a lender or creditor whose right to collect a debt is secured by property.

Oakland County, located in the state of Michigan, offers a variety of owner financing contracts for mobile homes. These contracts provide convenient and flexible payment options for individuals looking to purchase a mobile home in the area. Let's explore in detail what the Oakland Michigan Owner Financing Contract for Mobile Home entails and the different types available. The Oakland Michigan Owner Financing Contract for Mobile Home is a legal agreement between the seller (property owner) and the buyer (mobile home purchaser) that governs the sale and purchase of a mobile home. Owner financing is a method through which the seller becomes the lender, allowing the buyer to make systematic payments to the seller over a specified period, rather than obtaining a traditional mortgage from a financial institution. Mobile homes, also known as manufactured homes, are prefabricated homes built in a factory and then transported to a designated location. These homes can be an affordable housing option and are often sought after for their mobility and affordability. The owner financing contract in Oakland County can vary based on certain factors. Here are a few different types of owner financing contracts available specifically for mobile homes: 1. Installment Sale Contract: This type of contract outlines the terms and conditions of the sale and requires the buyer to make regular installment payments directly to the seller over a predetermined period. The contract usually includes details such as the purchase price, interest rate, payment schedule, and any penalties for late payments. 2. Lease Purchase Agreement: This type of contract combines a lease agreement with an option to purchase the mobile home at the end of the lease term. The buyer pays monthly rent, which includes a portion dedicated towards the eventual purchase price. This option allows the buyer to test out the property before committing to the purchase. 3. Land Contract: A land contract, also known as a contract for deed or agreement for deed, is a contract where the owner finances the purchase of the mobile home and the land it sits on. The buyer makes monthly payments to the seller, who retains ownership until the contract is fulfilled. Once the contract is fulfilled, the buyer receives the deed to the property. 4. Rent-to-Own Contract: With a rent-to-own contract, the buyer rents the mobile home for a specific period with the option to purchase it in the future. Part of the monthly rent is typically credited towards the purchase price. This type of agreement allows the buyer to save up for a down payment while living in the mobile home. In conclusion, the Oakland Michigan Owner Financing Contract for Mobile Home provides an alternative path to homeownership by allowing buyers to make regular payments directly to the seller. The different types of owner financing contracts available, such as the installment sale contract, lease purchase agreement, land contract, and rent-to-own contract, cater to varying financial situations and preferences. It is essential for both parties involved to carefully review and understand the terms and conditions outlined in the contract before proceeding with the purchase.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
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How to fill out Oakland Michigan Contrato De Financiación Del Propietario Para Moblie Home?

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FAQ

Una vivienda del Departamento de Vivienda y Desarrollo Urbano de los Estados Unidos (HUD, por sus siglas en ingles) es una propiedad residencial de 1 a 4 unidades adquirida por HUD como resultado de una ejecucion hipotecaria respecto de una hipoteca asegurada por la Administracion Federal de la Vivienda (FHA, por sus

Requisitos para Obtener Servicio Llamando a Tu Linea de Servicios de Gobierno 3-1-1 o (787) 792-5533. postal, telefono, edad, fecha de nacimiento, numero de licencia de conducir, otros). Informacion de ingresos brutos y/o beneficios (fuente de ingresos, cantidad, frecuencia).

El solicitante de un subsidio del Programa de Apoyo a la Vivienda debe acudir personalmente a las oficinas del gobierno estatal o del gobierno municipal, donde le daran mayor informacion y le proporcionaran el Cuestionario Unico de Informacion Socioeconomica (CUIS), para que lo llene y firme.

Una vivienda de HUD (US Department of Housing and Urban Developmento) o REPO de HUD, no es otra cosa que una casa que se compro con un prestamo asegurado por FHA y se ejecuto por falta de pago. La compra de una vivienda Repo de HUD es diferente a la compra de otro tipo de propiedad reposeida.

Ingresar a la pagina del Ministerio de Vivienda, Ciudad y Territorio, realizar el respectivo proceso del subsidio de vivienda en especie que ofrece Fonvivienda para familias desplazadas, especialmente aquellos hogares que viven en situacion de pobreza extrema o en estado de vulnerabilidad.

Una vivienda de HUD (US Department of Housing and Urban Developmento) o REPO de HUD, no es otra cosa que una casa que se compro con un prestamo asegurado por FHA y se ejecuto por falta de pago. La compra de una vivienda Repo de HUD es diferente a la compra de otro tipo de propiedad reposeida.

Para un prestamo FHA, se exige un pago minimo del 3.5 % si tienes una puntuacion de credito de 580 o mas. Si puedes hacer un down payment del 10 %, tu puntuacion de credito puede estar en el intervalo de entre 500 y 579. Rocket Mortgage® exige una puntuacion de credito minima de 580 para los prestamos FHA.

Este programa es uno de los programas de ayuda para construir tu casa que tiene el Gobierno Federal de Mexico de forma permanente. A traves de el, puedes recibir hasta 136 mil pesos, que se deben destinar por completo a la construccion de una vivienda nueva en un terreno que ya sea de tu propiedad.

Un contrato de compraventa de dueno a dueno es un acuerdo de compra de una propiedad, por el cual el vendedor sigue siendo el propietario. El comprador efectua los pagos directamente al vendedor por una determinada cantidad de anos, y luego se realiza un pago global (saldo restante).

Significa la cantidad de dinero que usted esta tomando en prestamo del prestamista, menos la mayor parte de los cargos iniciales que el prestamista le esta cobrando.

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Oakland Michigan Contrato de financiación del propietario para Moblie Home