Sold an RV-- best way to get paid?
I sold an RV on eBay to a guy in Florida. He has already contacted me & paid the $100 deposit via Paypal. He says he's going to get a transport company to pick it up but we haven't worked out the when...
Forum Discussion
John&Joey wrote:
This same scenario did happen to a coach I was looking at in San Antonio a few years back. I later talked to the PO who did the same bank thing for money transfer as I comment above and everything went smoothly.
I wonder about PayPal, what makes you think it is so safe? There is a time delay between fake money and real money that would make me concerned. A transfer between two banks in the exact same chain and there is no delay in confirmation of funds.
Opening an account like you said, just for transfer of funds, especially over 10K is a RED FLAG the bank MUST notify the IRS and Home Land Security. Just use your normal account and they wont come knocking. Trust me, I know.
As far as PayPal - never transfer more than you are willing to burn via PayPal. The funds can be pulled up to a month after the transaction. If not pulled can be frozen by a buyer dispute with them controlling how it gets resolved. You may end up paying for the RV to be fixed, returned to you or worse you have to go get it. And the buyer ends up will all his money returned to him.
