Forum Discussion

RubyRV's avatar
RubyRV
Explorer
Nov 11, 2019

Signing a power of attorney for bank when selling your RV

I have a prospective buyer for my RV and HE is getting a loan thru Southeast Financial. I have complied with all their requests, RV inspection, Purchase Order, now they want me to sign a Power of Atto...
Seeking Advice
wowens79's avatar
wowens79
Explorer III
Nov 11, 2019
The bank is protecting itself to make sure you actually have a valid title before releasing the money. They would be in a mess if they sent the check and you sent them a title with someones name scratched out on the title.

With it being handled through a bank/finance company, I'd be fine with it.

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