Forum Discussion
Grit_dog
Oct 28, 2017Navigator
shepfly wrote:
Have your buyer do a wire transfer from his bank to yours. I set this up before I went to pickup MH, then called my bank to do the transfer after I decieded to purchase. Sellers Bank received transfer and instructions to call seller that funds were deposited in his acct. Whole transaction took maybe 20 minutes and is very secure. I carried no funds on my person and neither did seller. Dave
Winner winner chicken dinner.
Along the same lines, the seller can bring a cashiers check and your bank can verify funds backing it with 1 phone call.
But bank to bank is easiest. Around $10k or less I'll just stop and get a wad of hundos to buy something.
And if either party has a loan, bank to bank, funds wired on the approval of buyer, verified by seller. Super easy just have to get the 2 banks in touch ahead of time.
Same for selling. I'll take as much cash as you want to bring. Had a lady bring a bag of money to buy my old Duramax, literally. Random qtys of 100s all the way down to singles! After 1/2 hour of counting money, she had like $800 too much. Should a just took the bag! Lol.
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