Need help with selling my car with a loan on it to a private buyer.
Need help with selling my car to a private buyer. Confused with paper work.
Well this guy in florida offered the amount i was asking for my car. The problem is that i am still financing the car and he wants to get a finanace too. When i went through the financing process, my bank gave me a check to give to the previous seller, so he can pay off his car and send me the title.
I thought it would be the same with this too but the buyer said his bank wants me to sign couple of things before they send me the payment. My english is not really good and its just really confusing.
Question is, will it be ok to sign these documents before receiving the payment? I don't know why but it seems like i'm giving up the title to my car without a payment for some reason.....
This is what the guy emailed me and told me to sign so his bank can send me the payment. Thank you.
I thought it would be the same with this too but the buyer said his bank wants me to sign couple of things before they send me the payment. My english is not really good and its just really confusing.
Question is, will it be ok to sign these documents before receiving the payment? I don't know why but it seems like i'm giving up the title to my car without a payment for some reason.....
This is what the guy emailed me and told me to sign so his bank can send me the payment. Thank you.
Last edited by Iamnotkento; Aug 11, 2010 at 09:27 PM.
Doesnt seem right.
From past deals when they got a loan on the car I was selling, I had to go in to their bank so their bank would know I really was selling the car and they can see it.
I wouldnt release anything from my car untill I had the cash in hands.
From past deals when they got a loan on the car I was selling, I had to go in to their bank so their bank would know I really was selling the car and they can see it.
I wouldnt release anything from my car untill I had the cash in hands.
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