Selling by consignment
Talked to a consignment dealer to sell a boat - the scarey part is they want us to sign the title over to them - so if they sell it we dont have to run over there with the title - they have been in bu...
Forum Discussion
If they have title they have ownership. Will they maintain insurance for fire, theft, liability in your name. Will they be offering you a contract against the company assets and their personal assets? What happens if the MH does not sell for the agreed price? If their concern is your availability to conclude the sale then arrange for an Escrow or have the title held at a bank. Come to think about it: What if you didn't have the title and the title was held by the bank, would you be expected to pay off the loan before they would accept consighment?
Sounds fishy to me.
JMHO
Sounds fishy to me.
JMHO
