Friday, April 10, 2009

Tennessee Mobile Home Park Residents Temporarily Dodge Eviction As Lender Cancels Landowner's Foreclosure

In Ringgold, Tennessee, WTVC-TV Channel 9 reports:
  • Dozens of families in Catoosa County are breathing a sigh of relief Tuesday after a foreclosure and auction on their mobile home park is cancelled. Last month we visited the Pine Forest Mobile Home Park in Ringgold which was planned to be auctioned off because of foreclosure - leaving many residents with no where to go.

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  • After speaking with residents in March we learned many own their trailer but pay $170 monthly rent for the lot, trash and water service. They told us moving a trailer costs between $2,500 and $4,000, along with a $500 permit. They said that kind of money to move would be very difficult, if not impossible to raise since many are retired or disabled on fixed incomes. That makes residents like Anthony Lance feel "very vulnerable, most of us can not pull up stakes and move in 30 days, nobody in here is making great money."

For the story, see Trailer Park Saved, For Now At Least.