Buying privately when money still owed on loan.

Romer1 wrote:
Whats the best way to handle when owner still owes money on loan?

Your check should be payable to the lien holder, and meet at their place of business!!

If the sale price is less than the balance owed, be sure the current owner has the funds to pay off the difference.

You want verification of Title!! Then make sure all is done correctly to get the title transferred.

This is much easier if you are not financing.