Best way to transfer funds on private RV sale

Gridley wrote:
Hello,

I am thinking of buying a used Class A diesel in another state. The amount is on the order of $140,000.

There is a lien on the RV about equal to the sales price. What is the best way to do this transaction?

I could wire the money to the seller or I could take a Cashiers check and wait three days until it cleared.

Either way, once the seller has the money, how do I guarantee he pays off the loan and signs the title over to me?

Do I need to go through an escrow company?

I am sure I am not the first person in this situation. What is the normal procedure?

Thank you,

Gridley

We always completed these transactions at or through the bank holding the lien and the only way, I'd feel safe in doing so. Especially if the title is somewhere else and is going to take awhile, getting back to you.
We bought a Corvette that way once, with all present at the bank. The seller left with nothing.