|
10-23-2019, 08:44 AM
|
#1
|
Junior Member
Join Date: Jun 2019
Location: Island County, Washington
Trailer: Escape 19
Posts: 12
|
Need Escape Appraiser in WA
Since lenders will not make payment to a Canadian company we chose an alternate route to finance our escape. We need to find an Escape appraiser north of Seattle who knows the worth/value of the escape so that we can refinance as an RV loan and save on interest. I am looking for referrals for a good Escape Appraiser, your help is appreciated!
|
|
|
10-23-2019, 09:17 AM
|
#2
|
Senior Member
Join Date: Jun 2019
Location: Bonney Lake, Washington
Trailer: 2010 Escape 17B
Posts: 188
|
Maybe I'm missing something but if you are buying new from Escape, then the value is exactly what Escape charges for the trailer. You can get that documentation directly from Escape.
|
|
|
10-23-2019, 09:29 AM
|
#3
|
Junior Member
Join Date: Jun 2019
Location: Island County, Washington
Trailer: Escape 19
Posts: 12
|
Quote:
Originally Posted by flynfrfun
Maybe I'm missing something but if you are buying new from Escape, then the value is exactly what Escape charges for the trailer. You can get that documentation directly from Escape.
|
Our Lender is requiring an appraisal since the Escape is not valuated in/by NADA. I contacted Escape Trailer Industries and they do not report to NADA
|
|
|
10-23-2019, 09:33 AM
|
#4
|
Site Team
Join Date: Nov 2008
Location: Portland, Oregon
Trailer: 2014 Escape 5.0 TA
Posts: 11,043
|
You'll find NADA means nothing in the all-molded fiberglass world due to most sales are private transactions and that info is never known by NADA. NADA gets their information from RV sales lots. And you'd certainly never use NADA for any kind of insurance claim on an all-molded towable. Because they're consistently, consistently under valued.
__________________
Donna D.
Ten Forward
2014 Escape 5.0TA
|
|
|
10-23-2019, 09:35 AM
|
#5
|
Senior Member
Join Date: Oct 2008
Location: St. Thomas not BVI., Ontario
Trailer: 2014 Escape 5.0TA / 2016 Ram Eco Diesel 4X4
Posts: 8,038
|
Quote:
Originally Posted by Chick0Stick
Since lenders will not make payment to a Canadian company we chose an alternate route to finance our escape. We need to find an Escape appraiser north of Seattle who knows the worth/value of the escape so that we can refinance as an RV loan and save on interest. I am looking for referrals for a good Escape Appraiser, your help is appreciated!
|
Hi: Chick0Stick... I think I'd find another financial institution that will do what you want!!! Alf
escape artist N.S. of Lake Erie
__________________
Quote Bugs Bunny..."Don't take life too seriously, none of us get out of it ALIVE"!!!
'16 Ram Eco D. 4X4 Laramie Longhorn CC & '14 Escape 5.0TA
St.Thomas (Not the Virgin Islands) Ontario
|
|
|
10-23-2019, 09:53 AM
|
#6
|
Junior Member
Join Date: Jun 2019
Location: Island County, Washington
Trailer: Escape 19
Posts: 12
|
Quote:
Originally Posted by escape artist
Hi: Chick0Stick... I think I'd find another financial institution that will do what you want!!! Alf
escape artist N.S. of Lake Erie
|
Open to suggestions for lenders that will finance/refinance a newly purchased escape for full purchase value without an appraisal.
|
|
|
10-23-2019, 10:03 AM
|
#7
|
Senior Member
Join Date: Jun 2010
Location: Central, Pennsylvania
Trailer: Escape#5 2022 E19
Posts: 26,268
|
Get a home equity loan, that way is simpler and may help with taxes.
__________________
Jim
Sometime life gets in the way of living.......
|
|
|
10-23-2019, 10:30 AM
|
#8
|
Senior Member
Join Date: Apr 2014
Location: Olympia wa, Washington
Trailer: 5.0TA 2017
Posts: 2,255
|
yes i went with the home equity option and half with cash. Key bank was willing to finance it but the interest was higher.
|
|
|
10-23-2019, 10:39 AM
|
#9
|
Junior Member
Join Date: Jun 2019
Location: Island County, Washington
Trailer: Escape 19
Posts: 12
|
Quote:
Originally Posted by cpaharley2008
Get a home equity loan, that way is simpler and may help with taxes.
|
Thanks for the suggestion but not an option
|
|
|
10-23-2019, 11:31 AM
|
#10
|
Senior Member
Join Date: Oct 2018
Location: Front Range, Colorado
Trailer: ?
Posts: 739
|
"Since lenders will not make payment to a Canadian company..."
If that is your lenders only objection, here is a possibility.
When I order my Porsche 911 Turbo S Convertible, in my dreams that is, it will be manufactured in Germany, exported to the States then sold to me through a stateside dealer. Financed routinely by US banks.
Escape has, or will soon have, a dealership in Lake Havasu City, AZ.
Escape is manufactured in Canada, could be exported to the States then sold to me through a stateside dealer. Just like my fantasy Porsche would be.
I would contact the ETI business manager and inquire if the transaction could be run through Lake Havasu. If so, I would take the documentation showing a purchase through the AZ dealer to the bank. Or to a different bank, and see what they say. Now you have a very routine sale of an imported product being financed by a US bank.
You could still pick it up in WA. The only change is in the documentation showing the AZ dealer.
Can't hurt to ask.
|
|
|
10-23-2019, 11:40 AM
|
#11
|
Junior Member
Join Date: Jun 2019
Location: Island County, Washington
Trailer: Escape 19
Posts: 12
|
Already tried that route. The AZ affiliate is an embassador only
|
|
|
10-23-2019, 12:02 PM
|
#12
|
Senior Member
Join Date: Oct 2018
Location: Front Range, Colorado
Trailer: ?
Posts: 739
|
Quote:
Originally Posted by Chick0Stick
Already tried that route. The AZ affiliate is an embassador only
|
That's a shame.
If ETI is counting on a significant expansion in the US market, they are going to have to overcome this lending issue.
One way would be to establish a relationship with a US based lender.
With time that must happen but that doesn't help you today.
|
|
|
10-23-2019, 12:37 PM
|
#13
|
Senior Member
Join Date: Jun 2012
Location: Brentwood Bay, British Columbia
Trailer: 2012 15-A
Posts: 126
|
Have you thought of dealing with one of the major Canadian Banks that have branches in the US.? BMO, ScotiaBank and the Royal Bank all have branches situated across the US. As a Canadian, I can’t get a mortgage from a US bank to buy a house in Phoenix, but a Canadian bank who operates in the US sure will. Just a thought.
Scott
|
|
|
10-29-2019, 03:42 PM
|
#14
|
Junior Member
Join Date: Jun 2019
Location: Island County, Washington
Trailer: Escape 19
Posts: 12
|
Thank you for the suggestion
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Discussions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|