Refying land and mobile home.

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Posted by Ivan on January 06, 2010 at 00:39:18:
I have a seller who owned land and had a double-wide put on the land. To get the house he took out a mortgage for the land/house combined.
Now he's facing foreclosure. Does this mean that the bank would foreclose on the house and get the land as well? Its a double-wide that's not on a permanent foundation.
Its on piers. I'm a little confused about this. Can someone shed somelight.
Thanks.

Follow Ups:

MH have its title surrendered? John Merchant 11:20:52 02/01/10 (0)

Re: Refying land and mobile home. Dan 19:37:42 01/06/10 (0)

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