• Be careful of the out of state home loan seller
    • By:admin

      If someone is Interested in buying a mobile home in California, make sure the seller's broker has a seller’s license in California.

      The Law in California requires all sellers of “Manufactured Homes or Mobile Manufactured Homes” and for those who are distributors doing business in the State of California have the appropriate "license”. This is obtained from the California Department of Housing and Community Development, HCD.  
      This Law is broad but if a person or company advertising in the state of California by mail, telemarketing or direct marketing advertising and does not affect the license they cannot legally sell in the State. This seller is outside the law of the State. In California, only licensed dealers and vendors are allowed within the state to advertise their properties for sale though any of the mentioned means.
       
      When a buyer purchases a manufactured home or mobile home from a vendor outside the state from a corporations or party who is not licensed, there are many problems that can occur. In addition, there becomes concern with the issues of clear responsibility.
       
      That law states “all” equipment selected from a lot of newly Manufactured or mobile homes, or be listed with the cost or price or purchase price. The Law stipulates that also there be provided the information to the purchaser before signing the purchase contract. Buying a Manufactured Home or Mobile Home can be through a seller's Internet and never see the house physically as it might be still in the factory for assembly, therefore not available for a final until after purchase.
      The mobile home buyer can end up with a house plant that has never been paid for. California Law requires sale of new mobile homesthat every penny of the buyer’s deposit for purchases of a mobile homes including any other deposits be place in an account and held in trust. This trust account would be held under the conditions of the sale and upon completion of the home.
       
      When you work with an internet service provider on an out of state businesses, the buyer runs the risk of losing their hard earned money to a company or a person who's not approved. It is possible that the buyer deposited funds are never placed against the house and therefore upon completion the manufactured house is not paid for and the buyer may lose.  Without the confidence of the deposit of money, a buyer may never know if the funds will be used as they are instructed and should be legally placed against the home they are purchasing.
       
      The mobile home buyer can end up with a limited warranty.
      Manufactured and mobile homes for sale permitted in the State of California properly sold by the seller or the company should always offer the necessary protection that the minimum guaranteed by the Federal government. The manufacturer's warranty in California is considered necessary for all purchases. Both retailer and manufacturer for repairs must Guarantee and enforce the warranty and this does not require action of a lawyer.
       
      When a buyer Purchase a Manufactured Home or mobile home from a dealer outside the state or the seller cannot guarantee the home and the enforcement by California law becomes more difficult and the purchaser may lose their funds.

      In summary, if you're considering buying a Manufactured Home in California,  it is best and strongly recommended that you make sure you are dealing with the licensed seller who has to comply with state law and will guarantee you that you and your funds of this purchase will be protected.