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How can you find if there is a lien on a used car you want to buy?
Wiki User
∙ 12y ago
Look at the title. If there is a lien, it will be listed.
AnswerWith the exception of Louisiana(which has some rather unique property laws)there are " title-holding " states and " non-title holding " states when it comes to automobiles. Texas is a " non title-holding " state so the original title will be in the possession of the lienholder(if there is a lien outstanding)and the borrower receives a " non-negotiable " title until such time as the lien is satisfied. Such is the procedure for new or used vehicles here under the Lone Star. You referred specifically to a used car that you want to buy so the seller should be able to provide an original title with the space provided for any prior lien's release being signed, dated and (hopefully) notarized. If you are concerned about any UNDISCLOSED liens on the vehicle/title, have your state's department of motor vehicles run a title search/license plate check BEFORE you hand over any money to the seller. For a few bucks you'll have the complete title history of any vehicle registered in your state.-David
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∙ 12y ago
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What if the car has lien on it and you want to buy it?
Lien must be satisfied somehow so title can be transferred.
House you want to buy has a lien?
The lien must be paid. The funds should come out of the seller's pocket.
What happens if you do buy a car or motorcycle that has a lien against it and you want to register it and you got the car with a bill of sale?
you will have to find out who has a lein on it have them fill out a fourm of lein satisfy. In most states a lien holder is recorded on the title and the lien holder will keep the title until the lien is paid off. After the lien holder is paid off, they will sign the title to release the lien and give/send the title to the owner. The title office can tell you who has a lien on the title.
You want to buy a car from a mechanic shop that was obtained through a mechanics lien How do you find out if there are any outstanding payments due on the car from a dealer or anyone else?
how to find out if ther is any debt owed on a car being bought from a mechanic shop that obtained the car through a mechanics lien
Where can I buy used PSP Consoles online?
The best place to buy a used psp console online is craigslist.com. You can find the psp you want and even purchase extra accessories for it if you want. You can find great deals on them.
If you buy a car with a lien on it will the lien come off?
NO! BANK LIEN-PAY IT OFF. MECHANICS LIEN-PAY IT OFF. autolienservice.com
What does it mean to buy a used car with a lien reported on the title in 2001 and since that has had two titles in 2004 and 2007?
Does the newest title show lien? If not probably satisfied previously
What is a lien on real estate?
When property taxes go unpaid, the city holds an annual auction offering individuals looking to buy investment property to purchases as many tax liens as they want. When you purchase a lien, you are not fully purchasing the property. You just paying the property owner's taxes and getting the lien certificate.If the property owner will not pay the tax within the given time, then lien holder can foreclose on the property. If you want to know how to buy tax lien properties visit realestatetaxliennetwork.com
Can bankruptcy lawyer have lien removed from car?
If the lien is a purchase money lien (granted to allow you to buy the car), then no. If it is a nonpurchase money lien (you granted a lien on the car to secure an unrelated debt), then yes.
Can you buy a new car if you have a lien in your name on another car?
Yes. This happens all the time. If you have a car you're still making payments on (and which will therefore have a lien on it), and you want to buy a new car, as long as your credit is good and you can afford the new payments as well you shouldn't have a problem.
What do you do if you buy a car and it has a lien on it?
AnswerPay off the lien holder and they wil sign a relase, putting the vehicle in the free and clear. It depends on the type of lien. Lender's lien or mechanics lien.autolienservice.com
Is there a lien against a car that I am going to buy?
If you are buying a car on payments then there will be a lien on the car. the company will release the lien once the car is paid off.
