Frustrated - financing a private sale.....

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brettp

Race Dog
Joined
Jun 20, 2006
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Location
outta space
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BMW R1200GS Adventure
Not wanting to dip into reserves, I opted to use Wesbank to finance a private sale.

Its taken nearly 2 weeks to get the deal close to finality after approval.... The seller is expected to jump through a gazillion hoops , when as the purchaser, i assume all the risk.
Interst rate is fair, prime plus 1.5%

Eventually, i decided to cancel the finace and proceed with cash.... Just not worth the aggravation ::) for the buyer and the frustration for the seller.
 
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