Best way to transfer funds on private RV sale
Hello, I am thinking of buying a used Class A diesel in another state. The amount is on the order of $140,000. There is a lien on the RV about equal to the sales price. What is the best way to...
Forum Discussion
chuckftboy wrote:
I purchased a motorhome from someone out of state and they had a loan on it but I was paying cash.
I simply made a loan to purchase it through my credit union. My credit union then paid the owners loan off and two weeks later when my credit union recieved the title, I paid off my loan and got the title.
The safe way is to do it through a bank or credit union.
I never heard of doing things this way but sounds pretty darn safe!
