[WSBARP] Clearing old mobile home loan
Josh Grant
jgrant at accima.com
Tue May 17 11:05:18 PDT 2016
I have a client trying to purchase a lot and old mobile home. The mobile home has been fixed up. Total purchase price $5000.
DOL tells us that a predecessor of the seller barrowed from “Western Savings and Loan” in 1986 and they continue as the “legal owner”. . We found a similar named S&L out of Phoenix, which was inactivated in 1989.
What is the procedure for clearing off these old debts and getting a new Title issued?
Thanks.
Josh
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