RNDad
Oct 08, 2014Explorer
Escow accounts??
My wife and I are interested in purchasing a 1 or 2 year old Class A MH in the near future, our 4th unit since 2000. Mainly only interested in private party sales, would like to skip the BS at many of...
1BryNelson wrote:msmith1199 wrote:1BryNelson wrote:
If the seller's lender has a local office, conduct the transaction there. Lender can then provide immediate proof of payoff and Notorize any Title or other proof of ownership that needs signing.
The lender isn't going to sign off any title until funds have cleared. So unless you walk in with a pile of cash plans like this may not work.
Now a days funds can be verified in minutes. Geez juat call seller's lender to find out.