How to sell motorhome with existing loan
I am seriously considering selling my '08 motorhome. My concern is that I still have an outstanding loan on the rig. I sold my previous rig with a bill of sale, which stated that the title would be pr...
Forum Discussion
+1 to contact your lender and verify the procedure details from them.
You can then go to the buyer's bank with the buyer. His bank will send money direct to your lender and coordinate/verify the whole thing. Price paid above the loan would get paid to you on the spot. A deficiency you would need to pay on the spot.
You can then go to the buyer's bank with the buyer. His bank will send money direct to your lender and coordinate/verify the whole thing. Price paid above the loan would get paid to you on the spot. A deficiency you would need to pay on the spot.
