Can you sell an travel trailer if it is not paid off?
Can you sell an travel trailer if it is not paid off?
I have a 5 month old travel trailer that I want to sell, but I still owe on it. What is the easiest way to get rid of it? Do I need to pay it off before I can sell it?
- GoDoe
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Re: Can you sell an travel trailer if it is not paid off?
In order to grant a good title you will have to get a lein release and the lender won't do that unless you pay them off. It is buyer beware though.
Call your lender and ask them the easies way to do the transaction.
Call your lender and ask them the easies way to do the transaction.
Re: Can you sell an travel trailer if it is not paid off?
The buyer can provide cash to pay your balance clearing the loan either through a lender or savings.
Re: Can you sell an travel trailer if it is not paid off?
I sold mine with the buyer contacting my bank to pay it off. Where ever you got your loan at, just contact them. Pretty sure its done all the time.
I had to pay some bucks toward the loan to sell my RV. They lose thier value fast.
I had to pay some bucks toward the loan to sell my RV. They lose thier value fast.