Forum Discussion
Raymon
Sep 05, 2014Explorer
When I sold my MH last fall, the buyer wire transferred the monies. At the recommendation of my bank, I set up an new checking account into which the funds were wire transferred. The buyer had some of the money, but had to borrow some. The buyer first wire transferred money into my new account. As soon as the money was deposited into my new account, I immediately transferred the funds into my old checking account. The buyer's loan institution did the same. The reason for the new account was that I did not have to give the buyer my old account number and routing number, only the numbers for the new account. I transferred the monies immediately to my old account so that the buyer had no way to access my old account. Because some scammers are so smart, I did not want them to find a way to access my old account and withdraw all the monies they deposited plus all my own money after they had possession of the title. I later closed the new account. May seem like a lot of work, but it worked for me. My buyer was strictly upfront and honest, but what does a scammer look like? I wish you the best.
Ray
Ray
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