charlienethere
New Member
I have a potential buyer of my mobile home in California atempting to secure financing with a local bank. The mobile home is registered as a vehicle in California (not on property rolls). No land is involved. I'm considering the sale much like that of an automobile/travel trailer. What is the best way to help Buyer with 15% down on a $50k unit? They have 10% to put down, I'd like to offer the remaining 5% ($2,500). Is a cash payment to Buyer with repayment agreement if deal doesn't close legal?