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Mobile Home Wealth
Mobile Home Wealth
Price: $16.10

44 of 55 people found the following review helpful
2.0 out of 5 stars Some troubling advice, February 6, 2011
Verified Purchase(What's this?)
The information in this book about mobile homes seems solid, such as land leases and maintenance. I have no reason to doubt that content. I am, however, worried about the advice given on buying/selling property in regards to the various seller financing methods (aka "no money down") as well as the seemingly manipulative behavior when approaching community banks.

In one section of the book, the author recommends going to the president of the bank, talking to his/her secretary and finding out who the VP of lending is. So you will have an "in", when you sit down with the lender and say "the president's secretary sent me to you." That may very well work, but crosses ethical boundaries that I'm not comfortable with.

In addition to that, the author suggests seller financing for purchasing property with no money down. One method is for the seller to give you a second mortgage for the down payment, which you use to secure the mortgage from the bank. So the seller provides the 20% down payment mortgage while the bank provides the 80%. If you search around for "silent second mortgage", you will see that this is a common type of mortgage fraud. You are misrepresenting your finances to the bank! The bank thinks you put down your own money, when it was actually borrowed.

There are also recommendations for 100% seller financing, to avoid down payment. Ask yourself this one simple question: if a professional bank requires 20% down to offset risk, why wouldn't the seller want such a thing? The only answer I can come up with, is that you are taking advantage of an unsophisticated investor. The seller doesn't know the real risks involved.

I would see a lawyer before touching any advice this book gives.

CAP Barbell 40-pound Adjustable Dumbbell Set with Case
CAP Barbell 40-pound Adjustable Dumbbell Set with Case
Price: $49.99
27 used & new from $49.00

159 of 189 people found the following review helpful
3.0 out of 5 stars Average quality, terrible smell, June 1, 2009
Verified Purchase(What's this?)
The quality is what you expect. They are your basic set of dumbbells. The carrying case will likely get damaged in shipment. Mine had a dented corner and broken latch.

But the case would be the least of my worries. Like the other reviewer, mine came with an incredibly strong gasoline scent and the bars are covered in this oily slightly sticky... substance. It leaves your hands smelling of gas even after a couple washes.
Comment Comments (16) | Permalink | Most recent comment: Sep 19, 2015 12:14 AM PDT

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