I’ve compiled a short list of resources to help sellers with debt, foreclosure, or repossession issues. All of these are available in the state of Texas. I’m always available to answer any questions you might have about selling your mobile home. There are plenty of options and nontraditional alternatives to putting a for sale sign in your yard.
In the state of Texas, mobile home repossession laws are tricky. Consider the fact that Texas law allows for mobile homes to be considered real property when tied to land or personal property.
Helpful websites for distressed mobile home owners:
Texas Department of Housing and Community Affairs (TDHCA)
Texas Manufactured Housing Standards Act (TDHCA)
Manufactured housing federal and state laws and rules (TDHCA)
Manufactured homes financial regulations
Voluntary Surrender of Mobile Home
Voluntary surrender is a formal legal arrangement whereby you sign over the ownership of your mobile home to your lender so that it can be sold. Simply leaving the property and the keys do not count as a formal surrender. If you do not formally transfer ownership of the property, you still owe the mortgage, along with any arrears that build up over time.
If you opt for voluntary surrender, the lender will prepare a legal agreement to cover the proposed arrangement. Again, you will need to take legal advice before signing any such agreement. In general, the agreement will cover such matters as:
- Transferring the ownership of your home to the lender
- Who will cover the legal costs of the sale, or whether you will split them with the lender
- When you will have to move out
- How any shortfall from the sale will be handled
Free credit counseling and credit repair
Unable to pay your property taxes?
Need help with paying your utilities?
Austin Energy – A charity type program known as Financial Support Plus 1 is available for City of Austin utility customers. The program helps customers who are having financial difficulties and who are unable to pay their utility bill due to an unexpected emergency or crisis. The emergency utility assistance funding is distributed through 24 local non-profits and community assistance groups such as Travis County Family Support Services. Contact (512) 494-9400 for a list of agencies.
Austin Energy – A program offered is the Customer Assistance Discount Program. It offers about $54 in monthly discounts off a customer’s City of Austin utility bill. To qualify for these savings, the account holder or someone in the customer’s household needs to be currently participating in any one of these assistance programs: Medicaid, Telephone Lifeline Program, Supplemental Nutrition Assistance Program (SNAP) also known as Food Stamps, or Children’s Health Insurance Program (CHIP). Call 512-494-9400 for an application.
Austin Energy – Customers can take advantage of some of the most comprehensive and effective energy efficiency programs in the nation. Some of these programs offered include Free Thermostats, Home Performance with ENERGY STAR(tm) Rebates and Loans, Free Home Improvements, Solar Photovoltaics, and Residential Refrigerator Recycling. Call (512) 974-7827 to get additional information about the many energy efficiencies and conservation services offered through Austin Energy.
Austin Housing Authority
Get information and apply for the Texas Section 8 program. Low-income families and individuals can receive rent and housing assistance from the federal government funded Texas Housing Choice Voucher program, more commonly known as Section 8.
Low Rent and Section 8, Code: TX480
502 E Highland Mall Blvd
Austin, TX 78752
Phone: (512) 480-8245 Fax: (512) 480-8248
Stop The Repossession or Foreclosure of a Mobile Home
So if you’ve reached the point where you need to sell your mobile home, the prudent move is to contact an expert such as EZ Mobile Home Buyer to guide you through the complicated and time-consuming process.
EZ Mobile Home Buyer is the perfect option for getting out from under your mobile home financial obligation without the back-breaking and time-zapping work it will take to sell.
In addition, if your facing foreclosure or repossession, the fine folks at EZ Mobile Home Buyer understand the mobile home repossession laws in Texas, so they can assist you throughout the process.
At EZ Mobile Home Buyer, our job is to handle every step of the process from the moment you contact us to the moment you receive the money for your mobile home.
Our process is quick and simple. We understand your time is valuable, so if needed, we can come to you. We’ll check out your mobile home, regardless of the shape it’s in, and start the paperwork immediately.