FHA SF purchase with Mobile home on site

[Shawangunk RE]

SF cottage with a mobile home on site. There are no HUD tags or data sheet, shared septic, 2 wells. Tax records indicate mobile home built in 1970, which is well prior to FHA guidelines of 6/15/1976. Besides being annoyed with buyers agent for even suggesting this property, how do I handle the mobile home? Make the report subject to its removal?

 

[RSW]

Have them remove the kitchen and call it a storage shed. It will still need to meet the FHA MPRs.

 

[Zoe]

I don't know. I would call HUD on that one. What about a survey and split the property in half? I don't know.

 

[Shawangunk RE]

Nope, cant do that, the lot is small and there is a shared septic. I am leaning towards conditioning it to be removed, it does still have the hitch in place.

 

[Zoe]

You probably have some kind county or some kind of building code locally. They share the septic. Separate water wells. I assume separate utilities? Do they have separate driveways?

 

[Zoe]

Nope, cant do that, the lot is small and there is a shared septic. I am leaning towards conditioning it to be removed, it does still have the hitch in place.

The shared septic would not necessarily kill the deal for FHA.

 

[Zoe]

I would call local authorities first and then FHA and ask. I don't know. Could you call the mobile home a studio or office or something?

The mobile home will still have to meet FHA requirements.

 

[Shawangunk RE]

You probably have some kind county or some kind of building code locally. They share the septic. Separate water wells. I assume separate utilities? Do they have separate driveways?

This is out in the boonies, and since the mobile home is clearly listed in the tax record as an improvement, its legal. The problem is that this is an FHA loan, there are no HUD tags on the mobile home, nor is there a data sheet and tax records say it was built in 1970, which is well prior to Huds cut off date of 1976. If that mobile home was removed from the property, the property would meet HUD standards. Same driveway, the only "utilities" are the electric. There is a meter on the mobile home and there is an oil tank behind the mobile home. The main house has its oil tank in the basement and its own electric meter.

 

[Zoe]

This is out in the boonies, and since the mobile home is clearly listed in the tax record as an improvement, its legal. The problem is that this is an FHA loan, there are no HUD tags on the mobile home, nor is there a data sheet and tax records say it was built in 1970, which is well prior to Huds cut off date of 1976. If that mobile home was removed from the property, the property would meet HUD standards. Same driveway, the only "utilities" are the electric. There is a meter on the mobile home and there is an oil tank behind the mobile home. The main house has its oil tank in the basement and its own electric meter.

I don't know how FHA sees it. They would have no problem telling you and then you have FHA on your side. Are you with me?

Then you won't tick the owner off or the bank.

 

[Shawangunk RE]

Sure, just not in the mood to be on hold for 3-4 hours at HUD trying to speak to a human being is all.