Buying Another Car.. Title Question?
03-28-2007, 09:19 PM
#1
Buying Another Car.. Title Question? Well Im gonna be buying a 98 neon cheap here tomorrow and was wondering its showing a lien from 2001.. and its been owned by a dealership and another guy since (car only has 90k on it to clean as heck) the guy im buying it from buys cars from soliders going oversea's fixes them and gets a mech lien or whatever put on them and sells them.. intrested how all this will work i called the credit union that put a lien on it and they said we cant give any info even know the guy doesnt own the car anymore..
03-29-2007, 07:50 AM
#3
Originally Posted by 01WS6/tamu
As long as the loan officer signed off on the release of lien it is transferrable.
03-29-2007, 10:10 AM
#4
TECH Resident
Join Date: Mar 2003
Location: Texas...that says it all
Posts: 754
Likes: 0
Received 0 Likes
on
0 Posts
Working for a bank I can tell you that if a financial insitution has the title they will tell you tough **** that you bought the vehicle and not give you the title. Be sure that there are no outstanding judgements dealing with that vehicle. PM me and I can try and check for you. 