|
Forums59
Topics1,038,939
Posts13,955,889
Members144,183
| |
Most Online39,925
Dec 30th, 2023
|
|
 Re: buying used from a private owner
[Re: FireFarmer]
#12739740
05/02/18 03:52 PM
|
Joined: Oct 2010
Posts: 395
RecLending.com
Angler
|
|
Angler
Joined: Oct 2010
Posts: 395 |
Im kind of like a guy up the post a little way, Im looking at buying from a private seller who isnt too fond of working with a financial institution but I am. How does this play out?
I would think as long as they get the amount of money that we agree on, it shouldnt matter who it comes from...I like the guys boat but I dont know if its more headache then its worth. Each seller is a bit different but that's fine. We wire funds and track down loans against the boat being sold. I can't explain why someone would rather take a check from a stranger than a wire. A wire is real and automatically accessible. Some banks hold checks for 5 + business days to see if it clears. Once in a while we get a seller that is hard and fast "cash" as in dollar bills. We find that in those cases, there is often more to the story. Paying off liens of the seller, getting title or lien work done for the buyer is something that is a must. Handing dollars to a stranger and not knowing about any liens is very short sighted. Having the keys and the boat does not mean you really own it. Let us know if we can help. Thank you, Ken
RecLending
Office (517) 543-6921
Email: Info@Reclending.com
Todd's Cell: 517-294-0459
|
|
|
Re: buying used from a private owner
[Re: RecLending.com]
#12740075
05/02/18 07:02 PM
|
Joined: Jul 2014
Posts: 142
FireFarmer
Outdoorsman
|
|
Outdoorsman
Joined: Jul 2014
Posts: 142 |
Thanks for the reply Ken, Ill definitely let you know when/if I get ready to pull the trigger with this guy...were still in the early stages of the deal right now.
It’s better to be seen than viewed
May GOD Bless you in everything you do!
Tight lines!
|
|
|
Re: buying used from a private owner
[Re: Buschwacker]
#12744254
05/05/18 03:07 PM
|
Joined: Feb 2018
Posts: 288
dillydilly24
Angler
|
|
Angler
Joined: Feb 2018
Posts: 288 |
Out of state can be difficult, but in state is pretty simple and most banks will wire the money on site. Anyone thats dead set on a cash only buyer is going to dramatically decrease potential buyers. I cant speak to reclending, but city credit union has always been extremely easy to work with.
Life�s a garden, dig it
|
|
|
Re: buying used from a private owner
[Re: Buschwacker]
#12750261
05/10/18 01:50 PM
|
Joined: Oct 2010
Posts: 395
RecLending.com
Angler
|
|
Angler
Joined: Oct 2010
Posts: 395 |
I can speak for RecLending - we are really easy to deal with. (might be a bit bias).
Just as an added note - even dealing instate can be challenging. We often find sellers do not have correct or proper ownership docs. Just because you are in the same state, don't lower your guard. Being sure your seller has correct ownership docs helps to insure your trip to the state office is simple. What ever your state requires you to have titled or registered, expect your in-state seller to have the same exact things.
Ken
RecLending
Office (517) 543-6921
Email: Info@Reclending.com
Todd's Cell: 517-294-0459
|
|
|
Re: buying used from a private owner
[Re: Buschwacker]
#12881294
08/30/18 05:20 AM
|
Joined: Apr 2015
Posts: 1,818
Curtbass
Extreme Angler
|
|
Extreme Angler
Joined: Apr 2015
Posts: 1,818 |
I can speak good also of RecLending, as a seller.
I sold a boat to a young man that didn't have a long credit history. RecLending was VERY easy to work with, wired funds direct to my account, & everything was completed in 5 working days. Easy Peasy!!!
That young man fishes 2-3 days per week & is VERY happy with his new to him rig.
ELITE POWER SYSTEMS/ Elite Fishing Products
Lithium Battery & Charging Systems, Soft Plastics, Tackle,Tokyo Rigs
Tight lines & stay safe out there.Gods blessings
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|
