Pursuant to section 5801(b)(2), manufactured homes are not classified as real property and, therefore, are classified as personal property. However, manufactured homes are treated and valued similar to real property assessed under the provisions of article XIII A of the California Constitution.
In order to change the title / ownership of your mobile home, you will first need to contact the Department of Housing and Community Development (H.C.D.). They will send you a packet of information and a list of the documentation necessary.
FHA loans with terms up to 30 years are available for manufactured housing. They require only a 3.5% down payment and are more flexible about credit score. Veterans and qualified family members may benefit from VA loans, which also offer lower interest rates.
You will need to contact the California Department of Housing and Community Development to retitle and transfer your manufactured home to another owner in the state. You will need to fill out several forms to complete a title transform, such as: Bill of sale. California Multi-Purpose Transfer Form.
Transferring a mobile home title can be broken down into four main steps. Decide Your Terms. Before you can transfer your mobile home title, you need to decide what the terms of the exchange will be. Assemble Your Documents. Sign the Documents. File the Transfer.
In order to change the title / ownership of your mobile home, you will first need to contact the Department of Housing and Community Development (H.C.D.). They will send you a packet of information and a list of the documentation necessary.
You cannot simply remove your name from a titled mobile home. You can sign the title over to him and have him record it or you can sell it to someone else. Hopefully, you did not sign the lot rental agreement because you'd be on the hook for that no matter what.
Weekly national mortgage interest rate trends 30 year fixed6.95% 15 year fixed 6.22% 10 year fixed 6.08% 5/1 ARM 6.26%