29
Feb
Feb
How does that work? Do I have to call the bank and let them know I am selling my car? Or can I just sell it and pay off the loan to get the title? I dont really understand that. I called the bank and they didnt answer.
Answer:
You can sell your car as long as the buyer understands that you must pay off the vehicle before you can give them the title. As long as they are cool with that, you can proceed.
Answer:
You should contact the bank and let them know about your intentions.
As there is a lien on the title, you can not transfer the title until the bank releases the lien. This is usually after the balance of the loan has been paid.
Answer:
sell it and tell the buyer that it has a lein and they can pay the lein and the balance to you and they will recieve the title shown paid in full. Goood luck
Answer:
you will ned to pay off the LEIN before you can transfer the car. take the purchasers to the bank with you. have them write the check to the bank.
the bank will refund the balance to you. it will then release the title to the new owner.
Answer:
best thing to is call the bank that u went through find out the exact pay off nd if ur going to trade it in towards a new car just let them no the exact payoff nd try not to have negative in the car or else they will roll it over into ur new payments Book Mark it-> del.icio.us | Reddit | Slashdot | Digg | Facebook | Technorati | Google | StumbleUpon | Window Live | Tailrank | Furl | Netscape | Yahoo | BlinkList
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on Friday, February 29th, 2008 at 6:08 pm and is filed under Buying & Selling.
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