Max, the owner of a mobile home on Hathaway Ave in Maricopa, AZ, found himself needing to sell his property as soon as possible. With extensive repairs needed and an unexpected title complication, selling seemed discouraging.
To make matters worse, Max’s wife was terminally ill, and he needed funds quickly to cover upcoming medical bills and living expenses. We stepped in to help Max navigate these challenges, providing a solution that worked for everyone.
The Seller's Challenge:
Complicated Title Issues and Urgent Financial Needs
Max needed to sell his mobile home fast. The property was old, never updated since it was first placed on the lot in 1984, and had extensive repair needs. He was motivated to sell because of his wife's worsening health and mounting medical expenses.
However, we soon found out through the title process that this property was technically assessed as a mobile home rather than a manufactured home, which required a certificate of title. This led to delays in the title process and nearly jeopardized the sale.
"Rafael and his team were upfront about every step. Even when there were title issues, they stayed the course and got it done—without changing any of the terms."
max call
Distressed Homeseller
Max was initially frustrated by the complexity, but he was also grateful to have found us. He appreciated how upfront we were about the process and our determination to push through the challenges to ensure a successful outcome.
A Look Before the Transformation
Check out these property photos showcasing the home’s condition before the sale. These visuals clearly show why a quick, as-is transaction was the right move for Max.
Our Approach:
Flexibility and Dedication to Meet Max’s Needs
Max came across our website while researching companies that could help him sell quickly. After he reached out, Brian, my acquisition manager, scheduled an on-site assessment of the property. During the visit, Brian took several photos and noted the extensive repairs needed. Despite these challenges, we offered $18,000 for the property, contingent on inspection, and agreed to pay all buyer-side closing costs.
We set a 30-day close of escrow to allow Max time to gather all the required ownership and title documents. My transaction coordinator worked closely with Max and our title company to clear the title issues, including the need for a certificate of title, which turned out to be a significant hurdle. Despite these complications, we remained committed to closing the deal as agreed.
Step 1.
Discovery call to understand Max's needs and urgency
Step 2.
Property walkthrough with acquisition manager and initial offer made
Step 3.
Drafted and executed purchase contracts, contingent on inspection
Step 4.
Worked with title company to resolve title issues and obtain the certificate of title
Step 5.
Sent contracts to title company and began escrow process
Step 6.
Marketed property to investor network and secured buyer
Step 7.
Structured assignment of contract and closed transaction
Meanwhile, my disposition manager marketed the property to our network of local investors. Due to the low price point and potential for future cash flow, several investors expressed interest. We eventually assigned the contract to a local rehab and rental investor who specialized in mobile and manufactured homes. This buyer offered the highest price and was prepared to close quickly.
The Contract That Made It Official
This is the actual purchase contract between Max and our company, showing our commitment in writing. It’s a straightforward look at how we locked in the deal and set everything in motion.
The Results That Made the Difference
Our agreed purchase price with Max was $18,000. We assigned the contract to our chosen investor buyer for $25,000. This investor planned to rehab and rent out the mobile home for the long term, seeing potential in the property despite its condition.
For Max, the outcome was a huge relief. Despite the title issues that extended the closing timeline, we were able to push through and close the sale without changing any of the original terms or price.
Max received his full proceeds as promised, which allowed him to cover medical expenses and other urgent financial needs. He expressed his gratitude for how transparent and supportive we were throughout the process.
Fair Cash Offer: $18K to Ease Financial Pressure
Max received an $18,000 cash offer that provided the funds he needed, exactly when he needed them.
Title Cleared: No Surprises, Just Solutions
Despite the challenges, we cleared all title issues without changing the terms, ensuring Max got the sale he was counting on.
All Costs Covered: No Out-of-Pocket Surprises
We covered all buyer-side closing costs, giving Max peace of mind and ensuring the sale went through smoothly.
The Payout: Full Transparency, No Surprises
Here’s the final proceeds check and settlement statement that detail how the funds were distributed. We promised transparency, and this shows exactly how Max got his full proceeds—every dollar accounted for.
“Rafael’s team delivered despite unexpected challenges!”
I needed a quick sale to cover upcoming expenses, and Rafael’s team stepped in with a fair offer. Even when a title issue nearly derailed the transaction, they pushed forward and closed without altering terms or price. I’m grateful for their professionalism and tenacity in ensuring a smooth transaction.
Top Tips Selling a Mobile Home with Title Issues
Selling a mobile home with title issues can be challenging, but there are ways to make the process smoother. Here are some lessons from Max's case that could help others in similar situations:
top tips for
realty success
Work with a Buyer Who solves Title issues
Title issues can be a major roadblock. Working with experienced buyers who know how to resolve these challenges can make a big difference.
Be Prepared for Delays but Stay Flexible
Title issues often require extra time. Being prepared for delays and working closely with a buyer who is patient can help ensure a successful outcome.
Choose Cash Buyers for a Faster Process
Cash buyers can close faster and with fewer contingencies, which is crucial when urgent financial needs are involved.
Proof in Paper: The Certificate That Made it Happen
Take a look at the certificate of title that was critical in clearing the way for this sale. It’s a key part of the process that allowed us to overcome title issues and move forward seamlessly, ensuring Max got the outcome he needed.
Lessons Learned: Persistence Pays Off
![Lessons Learned Icon [v3]](https://rafaelcarrasquillo.com/storage/2024/12/Lessons-Learned-Icon-v3.png "Lessons Learned Icon [v3]"){kind=icon}
One of the biggest lessons from this transaction was the importance of persistence. Title issues nearly derailed the sale, but by staying committed and working closely with Max and the title company, we were able to find a solution that worked for everyone involved.
Another takeaway was the importance of transparency. Max appreciated that we were upfront about every step, which helped build trust and made the entire process less stressful for him during a difficult time.
Need Help Selling Your Mobile Home?
If you’re dealing with a mobile home that has title complications or needs significant repairs, my team and I are here to help. We handle everything from negotiations to closing, ensuring a smooth and stress-free sale.