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SVTPerformance's Chain of Restaurants
Road Side Pub
Buying car with bank loan
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<blockquote data-quote="TGS2" data-source="post: 10329983" data-attributes="member: 44983"><p>Do you live in the same state that the car is currently registered in? If so just make sure to get a signed bill of sale and odometer statement from the seller and make sure the lien is paid in full from his lender.</p><p></p><p>You'll more or less have to trust him to send you the title once he gets it from the lender (most lenders won't sent it to anywhere but the lien holder's address), but you'd be able to get a dup title from your DMV if need be.</p><p></p><p>If you need forms check out maryland.mva.gov. Click on forms at the top and print out form VR-181 (Bill of Sale) and form VR-197 (odo statement). Those should be good enough documnetation to get you sorted out should you have to order a dup title. Also make sure to get his DL#, the DMV ahould be able to pull up his title with it.</p></blockquote><p></p>
[QUOTE="TGS2, post: 10329983, member: 44983"] Do you live in the same state that the car is currently registered in? If so just make sure to get a signed bill of sale and odometer statement from the seller and make sure the lien is paid in full from his lender. You'll more or less have to trust him to send you the title once he gets it from the lender (most lenders won't sent it to anywhere but the lien holder's address), but you'd be able to get a dup title from your DMV if need be. If you need forms check out maryland.mva.gov. Click on forms at the top and print out form VR-181 (Bill of Sale) and form VR-197 (odo statement). Those should be good enough documnetation to get you sorted out should you have to order a dup title. Also make sure to get his DL#, the DMV ahould be able to pull up his title with it. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Buying car with bank loan
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