starkruzr wrote:
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How after step 3 is the bank going to be involved again unless I stop making payments? Even when I re-register and the title notes the lien from the bank, so what? How does the bank have the right to tell me what my living arrangements are allowed to be? As long as they're getting their money, what's the issue?
As someone who is also in IT for a lending/servicing/financial institution, financial institutions work aggressively to track your physical address. The organization I work for, on almost every single item of physical mail sent out, is printed on the envelope "Do Not Forward". When the mail comes back to the company, the account immediately goes into "skip tracing", even if the account is paid up to date.
Besides, you will need to keep the vehicle registered. If you keep it registered at your current address (say Washington DC), you'll need to keep insurance, drivers license and every thing else with that same address. If you move out, almost every state in the country has DMV laws stipulating how long you can stay before you have to re-register your automobile in THAT state. When you do, then your lending institution will need to surrender the title to your vehicle so you can get it titled in the new state!
Even if you pay cash for your RV, your insurance company will probably cancel you once they find out you've titled the vehicle in a new state (let alone a new address within the same state).
If you have a loan, you have an obligation to keep the lending institution updated of your current physical address at all times. If you are physically working in other states, you may also be subject to income tax in those states.
A friend of mine drives a US Post Office Semi truck between Indiana and Ohio. He has to pay state taxes for both Indiana and Ohio, even though his home location is Indiana. Taxes can get very messy.
I'm not saying it's impossible, I'm just saying, both your insurance company and your lender for the loan will expect your current address.
