selling MH
Thinking of selling my MH, need advice on how it works when you have a balance due on the MH. Due to the time involved getting a clear title how is it possible to give the buyer protection after you ...
Forum Discussion
I will tell you our story , When we bought our Motorhome of a private individual last year he owed more then we paid for it. What had to be done was the owner had to pay on his loan down to our purchase price.Once that was done the owner meet at our bank where we were securing the loan from and they called there bank for a pay off good for 14 days. The owner then signed a power of attorney stating for his bank to release the title to our bank upon pay off of his loan.Our bank was local here in Ohio and he had a loan through bank of West in Calif. It was nerve racking waiting for the title to arrive took about 3 weeks but it did with no issues.... As soon as his bank showed the loan balance as 0 he lets us come and take the motorhome with out title in our hand and all has been great.
