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'...
Not only can cashier's check be counterfeited, but you can stop payment on them up to 10 days after it's issued. Not many people know that, but it is true.
If I had to do it this way, I would go to the buyer's bank and have the bank draw the cashier's check right then and there and then cash it. But a stop payment could still be issued.
Dale
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