Q&A: Where can I get a contract form 4 selling my RV to someone who will make payments for 1 yr & then purchase it?

Question by Marge in Michigan: Where can I get a contract form 4 selling my RV to someone who will make payments for 1 yr & then purchase it?
My husband and I are selling our RV and found a buyer through our church but that doesn’t mean that we want to just automatically trust him to make payments and then purchase it without some sort of contract that doesn’t leave us high and dry if something happens. This fellow church member is honest and trustworthy enough for us to agree to a payment method, but he will also be taking possession of the RV while making payments. We are financing the RV through a bank and will not be able to pay it off until this buyer is financed and is able to give us the necessary remainder of money to pay off our contract and lien with our bank. Where should I look for the best form for this sort of transaction?

Best answer:

Answer by my25cents
Go to microsoft works and type up your own contract (make several copies). Don’t leave out any details. All copies should have everyone’s signature. Make sure you have something specific in regards to what happens if the buyer is delinquint on payments. Also, make a copy of the purchaser’s driver’s license and photocopy it to the contract. I’ve done this before and it works great. In case he/she defaults on the payments, it’s all in the contract.

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