Taking over payments of motorhome

[jurzbill]

Just curious, is there a site where someone can go to where people are listing their MH's where a person can take over their payments.
Have a friend looking for a MH, figure in this economy there may be a sit like this.
thanks.

[jurzbill]

Just curious, is there a site where someone can go to where people are listing their MH's where a person can take over their payments.
Have a friend looking for a MH, figure in this economy there may be a sit like this.
thanks.

[TXiceman]

Most loans on RV's are made to a single purchaser and does not extend to any resale of the RV. I would be very careful of any "take up payments".

Also, if it is listed as "take up payments", more than likely the amount due is more than the current value, so you will not be getting a "deal" at all.

If he does find a TUP deal, make sure the lender knows that the RV is being transfered as such.

ken

[jurzbill]

thank for the info. think I will tell him to forget it..look at other avenues to buy.

[Dennis M]

Tell him to take a look at repos - good deals to be had there and no hassle with picking up someone else's payments.

We bought our Mtn Aire from Commonwealth Boat Brokers almost two years ago - before the RV market crashed - fiver was two years old, looked like it had never been used and we paid less than half of MSRP.

They were good people to deal with also. I bought long distance and it went really smooth.