Extended warranties are a total waste of money unless you have an older unit. The warranty provider needs customers with new RVs to sign up to pay for the older units.
Extended warranties are not warranties they are insurance policies.
Thanks for the replies. I haven't taken a close look at the pipe. I noticed a slow drip under the trailer from the gray water drain. It is a very small hole. Maybe I will try a patch to see if that does the trick.
I was very proactive with the bank throughout the whole process. I also spoke with my accountant. He said if the bank reduces the amount owed it will be considered income to me and filed with the IRS.
I am not trying to get out of paying the bank. I just want this finalized so I can put it behind me.
I am sad to say my days of RVing are over for a while. I recently had some unforeseen changes in my life.
Long-Short I tried to sell my RV with no success. I got an offer from a wholesale buyer and he offered me $50k. When I advertised it I lowered the price every week until I was at $55k. The motor home was clean and showed well. Anyway I met with the bank and they agreed to send it to auction. It sold for $57,xxx. I was still $18,xxx upside down. The only reason I know this is by viewing the account information online.
It has been two months and I have not heard anything from the bank about satisfying the loan.
Is there a statute of limitation the bank has to notify me that the RV sold, request payment?