When is an RV purchase final?
Not real knowledgeable on this type of stuff but...here goes. We signed papers for the loan doc last week. Loan was approved yesterday. We are supposed to do our walk through on Monday. However, we ha...
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Verbal agreement/handshake whatever = commitment to buy, assuming both parties live up to the conditions.
Conditions remain the same/honored = Sign papers
Conditions changed = opportunity to walk.
Seems pretty straight forward and honest to me, from both parties. Takes care of any 'swindling' or changing of terms between the verbal/handshake and the legally binding documents.
But, I guess in today's world, people will use any excuse to back out of their verbal commitments. It's a shame but not surprising.
Mike
Conditions remain the same/honored = Sign papers
Conditions changed = opportunity to walk.
Seems pretty straight forward and honest to me, from both parties. Takes care of any 'swindling' or changing of terms between the verbal/handshake and the legally binding documents.
But, I guess in today's world, people will use any excuse to back out of their verbal commitments. It's a shame but not surprising.
Mike
