Occasionally, for various reasons, RV owners are not able to honor their original financial
commitments or will have to do so at some sacrifice, as in, being able to make payments on
an RV, due to change of situation. This could be an illness, physical move, change in
financial status, or similar problem.
From the time an RV is purchased it takes several years before the RV will have any equity
unless a sizeable down payment was made. In other words the RV will not be worth as
much as you paid for it due to interest rates and depreciation for quite a while.
Trying to sell the RV for what is owed is almost impossible due to the market and the deals
dealers are offering these days. Or you may find yourself writing a check for the difference!
That's where we come in. We have buyers who would like and can afford an RV now but
can't obtain conventional financing at this time. It may be because they are business
owners, own too much real estate, maybe too young, maybe too old. Or sometimes a person
may have a past bankruptcy, divorce problems, tax issues, building a home, or simply are
looking for a better interest rate and down payment.
Each case is different for both the seller and buyer. We screen each applicant thoroughly,
present them to you and we both make a decision.
The buyer then enters a contract with you for a certain period of time the end of which they
are required to find their own financing and purchase the RV. This time period may vary
depending on the situation.
During this time period the buyer is responsible for all costs associated with the RV. That
means insurance, payments, maintenance, storage, registration . The payments are made to
the bank or to you the seller.
How It Works For The Seller
|
1. No Cost To Seller
2. No Consignment Lots
3. Buyers Waiting
4. Avoid making payments, insurance premiums, storage fees, registration, maintenance
and taxes.
5. Avoid repossession!
6. Protect your valuable credit!
7. Listed for free until sold.
8. Get your asking price!