Getting ready to buy a used Jayco 31FS
OK, we are REALLY excited, but a little apprehensive - tomorrow we are going to look (and hopefully buy) a 2010 Jayco 31FS. I have a few questions I hope someone can help us with. 1. The sellers owe ...
Forum Discussion
dennislanier wrote:
The ONLY safe way to do this is to go with them to the lienholder and see that they personally pay off the note and then have the title put in your name. If the lienholder is somewhere far away that may not be practical or even possible. Even if the sellers are honest people this is a risky proposition at best. As others have said the lienholder will NOT release the title until the note is paid in full.
X2... This is the only way I'd do it. Just too many risks otherwise. If its not possible to do the face to face payoff with the lienholder and a notary to do the transfer all at the same time...I'd walk away and look for another one. There are plenty of them out there...
