How is buying a mobile home different than buying a "regular" home?
Buying a mobile home is usually done through or with the company selling the mobile home. Buying a regular home is usually done through a mortgage company or a bank.
Buying a mobile home is usually a lot less complicated than buying a regular home because mobile home companies have less requirements than mortgage companies or banks.
A person buying a regular home usually has to obtain and pay for an appraisal, survey, title insurance, and flood insurance. Unless you are buying the property where the mobile home will be parked, you will not have to get an appraisal, survey, title insurance, or flood insurance.
Buying a mobile home is a lot like buying a car. Since it can be moved from the property, the mobile home is treated like a vehicle by the State of New Mexico. Mobile homes must be registered/titled with the Motor Vehicle Division, just like a car.
If I own a mobile home but am buying the property where the mobile home is parked, can I lose the mobile home if I stop paying on the property?
It depends on whether the mobile home can be moved or not. When you buy property, you are buying everything that is attached to the property, including trees and rocks. Anything on the property that can be moved is not considered to be attached to the property. For example, if the person selling the property has a car parked there, the car is not yours. As the purchaser of the property, you do not have any owner's rights to the car because it can be moved. It is not attached to the property you are buying. Unless you have a separate agreement with the seller, you are not buying the car parked on the property.
Because mobile homes are treated like cars by the law, there is an argument that as long as the mobile home can be moved, it is not attached to the property. If the mobile home cannot be moved because the axle has been taken off, there is an argument that the mobile home becomes part of the property. The real estate contract or mortgage to buy the property may say that if you stop making payments, the seller or mortgage company has the right to take the property back. If the mobile home is attached to the property, you may lose the mobile home.
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COMPRARSE UNA CASA RODANTE O TRAILER
¿Cuál es la diferencia entre comprarse una casa rodante/trailer y una casa "normal"?
Un trailer normalmente se compra a través, o con una compañía que vende trailers. Una casa "normal" se compra, generalmente, a través de una compañía inmobiliaria o de un banco.
Comprarse un trailer es menos complicado que comprarse una casa, porque las compañías que venden trailer normalmente tienen menos requisitos que las inmobiliarias o los bancos.
Una persona que compra una casa "normal", generalmente tiene que conseguirse y pagar una tasación, un estudio de terreno y el seguro de desgravamen y de inundación. En el caso de que usted esté comprando la propiedad para instalar su trailer, no tendrá que realizar los trámites antes mencionados.
Comprar un trailer es como comprar un carro por ser considerado movible y, por tanto, como vehículo para el estado de Nuevo México. Los tráileres deben registrarse en la División de Vehículos Motorizados (Motor Vehiculé División), al igual como se hace con un carro.
Si soy dueño de un trailer, pero estoy comprando la propiedad donde instalarlo, ¿Puedo perder el trailer si dejo de hacer los pagos de la propiedad?
Depende si el trailer puede ser movido o no. Cuando usted compra una propiedad, está comprando todo lo que está anexo a ella incluyendo árboles y rocas. Cualquier cosa de la propiedad que pueda ser movida, no es considerada como anexo a la propiedad. Por ejemplo, si la persona que está vendiendo la propiedad tiene un auto estacionado en ella, ese auto no es suyo. Usted no tiene derecho sobre el auto porque este puede ser movido y, por tanto, no está anexado a la propiedad. A menos que usted tenga un acuerdo especial con el dueño, que determine lo contrario.
Ya que los trailers son considerados legalmente como autos, existe un argumento legal que dice que si el trailer puede moverse no está anexado a la propiedad. Si el trailer no puede moverse porque se le ha quitado el eje de las ruedas, existe un argumento legal que convierte al trailer como parte de la propiedad. En el contrato con una compañía inmobiliaria para comprar una propiedad se podrá estipular que si usted deja de pagar, el vendedor o la compañía inmobiliaria tienen el derecho de quitarle la propiedad. Si el trailer está anexado a la propiedad, podrá, entonces perderlo.
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Last Reviewed On: 03/23/05
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