Selling an RV/payment
I will be selling my RV a few months later and need to understand how I can safely receive a payment. I want to sell to a private party. It's going to be selling for 40-45K. Receiving bank wire won'...
Forum Discussion
rk911 wrote:mountaintraveler wrote:
I will be selling my RV a few months later and need to understand how I can safely receive a payment. I want to sell to a private party.
It's going to be selling for 40-45K.
Receiving bank wire won't work for me.
I will ask buyer to give me cashier's check of a bank that has local, branch, I think. I want to be able to go to the branch in person and cash the check and also first verify that the check is good, before I sign the title over.
Had anyone done a sale like this? What are the steps with cashier's check handling to make sure one won't get defrauded?
why is a wire txfr no good. very safe. otherwise meet at a branch of the bank the check is drawn from to verify authenticity.
OK, makes sense to meet at the branch, then I walk to the window, have them verify the check, then I sign the title and I walk back to the window and cash the check. (I'm not interested in wires, I understand how wires work very well, it's just wires are not acceptable in this case)
