How do I sell my car with a lien holder in terms of the paperwork involved?
I just sold or rather am about to sell my car which still has a lien holder. I was told I need to write up a bill of sale (I can find these on the internet correct?) with a receipt and have it notarized then I would pay the difference which I stated in my description. The buyer told me that his bank cut him a check made out to me and the lien holder, so I would just send that check out along with my difference payment to receive the title correct? Then I would send the title to him right?? Thanks any and all help is appreciated.
Public Comments
- Call a notary and ask them. Maybe they can explain the procedure to you.
- To sell liened property in most every state is illegal unlessthe lien holder approves the sell.
- You've got it right, the notary isn't necessary but doesn't hurt.
- i found out the hard way but i now know this. it is 100 percent illegal to sell a car with a lien on it. it isnt yours to sell. you are selling stolen property and could land yourself in jail!
- DONT SELL ANYTHING if you really want to make quick money like that HONESTLY go to http://www.homebusiness88.ws THIS IS NOT A SCAM. this will change your life! Just put in a minimal amount of time and effort. I PROMISE YOU
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