Any help from you gurus that have done this would be GREATLY appreciated.
OK, here are the basics:
>My car still has a lien on it. There is a balance still owed on it.
>The private party is paying me part in cash and part is coming from his credit union.
>The payoff will be fully satisfied with both his check and the credit union paymnt.
QUESTIONS:
>Wont the title come to me?
>When EXACTLY does the vehicle become his? In other words, when do I hand him the keys? Is it when the payoff is verified...or when I sign the title? I need to know when I am financially and legally not the owner of the vehicle?
Please help, the other guy really doesnt know either.
Thank you all in advance.