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NoraExplora

WA

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Posted: 05/12/08 06:28pm Link  |  Quote  |  Print  |  Notify Moderator

With so many people having to walk away from their homes, will there also be RVs left behind? If an RV gets repo'd where does it go? How does one go about finding these?

jefff929

Pacific wonderland, wet side

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Posted: 05/12/08 06:31pm Link  |  Quote  |  Print  |  Notify Moderator

Oh, 7734 no!

I'd walk from a stick house, the trailer goes where we do


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LUT

SE Florida

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Posted: 05/12/08 06:41pm Link  |  Quote  |  Print  |  Notify Moderator

Here in S Florida just N of 595 on hwy 7 is a repo lot, jammed with all sorts of motor homes. They are for sale by the "dealer" on behalf of banks and finance companies. Trades are not taken as far as I know, and if you are interested in a unit offers are invited etc. We looked around once but didn't encounter much enthusiasm so didn't bother again.


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Posted: 05/12/08 06:44pm Link  |  Quote  |  Print  |  Notify Moderator

NoraExplora wrote:

With so many people having to walk away from their homes, will there also be RVs left behind? If an RV gets repo'd where does it go? How does one go about finding these?


Google it. There are RV auctions a go-go.


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Hornet28BHDS

Parker, PA

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Posted: 05/12/08 06:56pm Link  |  Quote  |  Print  |  Notify Moderator

The banks take them back and usually sell them for what is left on the loan. They can be great finds, but in bad shape.


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Deen

Vancouver, WA

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Posted: 05/12/08 06:58pm Link  |  Quote  |  Print  |  Notify Moderator

Hornet28BHDS wrote:

The banks take them back and usually sell them for what is left on the loan. They can be great finds, but in bad shape.
And it they don't sell for what is owed or more the borrower is still on the hook for the difference in most cases. Not a good way to go.


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sch911

Rochester Hills, MI

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Posted: 05/12/08 07:02pm Link  |  Quote  |  Print  |  Notify Moderator

Here's where many of them go: Repo RV's @ Cranky Ape


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Matthew_B

The boonies near Dallas, Oregon

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Posted: 05/12/08 10:07pm Link  |  Quote  |  Print  |  Notify Moderator

I own my RV, I don't "own" my house since I still owe on it.

If I lose the house, the RV goes with me.





squeakkos

parker az

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Posted: 05/13/08 05:54am Link  |  Quote  |  Print  |  Notify Moderator

call your bank if you are looking for a DEAL.

beemerphile1

NE Ohio

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Posted: 05/13/08 06:10am Link  |  Quote  |  Print  |  Notify Moderator

Around here many repossessed RVs are sold at the auto auction same as cars and trucks.


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