I have a prospective buyer for my RV and HE is getting a loan thru Southeast Financial. I have complied with all their requests, RV inspection, Purchase Order, now they want me to sign a Power of Attorney giving them control over my title prior to gi...
TenOC wrote:Many (Most) car dealers have you sign a POA when you trade in your old car. It is in all the other stack of papers. If the bank is going to give you the check within a few minutes of signing the POA, no problem. But if it is a few days?...
Im in direct contact witht the finance company. Loan is approved but they want the POA before they issue the check, which will be sent to buyer to then be given to my. Unfortutnatly there is no "bank" to actually go to. I will be back in contact with...
time2roll wrote:Seems odd. Are you familiar with this bank?Usually you would just sign the title to release it to the buyer or bank. Bank would hand you a check at the same time.Possibly ask to do this in person at a branch. Check should be immedi...
mich800 wrote:The signed title is their power of attorney. Receive payment, sign title, problem solved. Or do you not have possession of the title?I have possession of clean title. SE Financial is a large lending Institution that a lot of RV dealers...
rk911 wrote:RubyRV wrote:I have a prospective buyer for my RV and HE is getting a loan thru Southeast Financial. I have complied with all their requests, RV inspection, Purchase Order, now they want me to sign a Power of Attorney giving them control ...
