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
TOOBOLD wrote:resmas wrote:
I'm curious what "papers" he sent the lending bank??? Never heard of a loan situation where you, as a SELLER would send ANY papers before you have money in your bank...
I disagree, we bought our 5th wheel from a couple in Idaho and we're in California. Our lender USAA asked the sellers to send them the title, registration and I can't remember what the last thing was before they cut a check in their name.
USAA works completely differently with us. As a buyer, they send us a blank check (actually, now we print it from our computer) that we can use to write an amount up to $X. When we have written the check and given it to the seller, we return the list of documents to USAA. We've done that process 6 or 7 times now....
I would NEVER give up my title to someone until I had money in hand...
