Simple. Ask to see the title. If it has the name of the person selling it, he/she has full ownership. If it has a bank name or another name on it, or they cannot produce the title don't touch it.
Bank or loan company who repossessed it.
Repossessed cars are usually auctioned off in the county they were repoed in, you can also try this link to help find repossessed cars, http://ultracarfinder.com/
You can buy repossessed automobiles in the U.S. through many county auto auctions or police auto auctions. Check with your local courthouse or police department to find the next auction.
Buy a bus pass. Or get ahold of your lender and see what they want to get the car back.
Go to bank or other place that repossessed the truck. Pay cash for it etc
It is possible to buy repossessed land from the bank. Most banks hold monthly auctions where they sell repossessed land, houses, cars, etc. The prices of these items are usually considerably lower than retail cost, so it is a good investment.
Provided the lender still holds the lien on the vehicle, it will still be repossessed and you will find you have a problem with a former friend.
where you need to go to buy repossessed motorhomes, varies according to where you live. Obviously, the best place to buy is to buy them less than 200 miles from your home. That way they are easier to inspect before buying, and they are easier to transport. If you find a good deal on a motorhome that is for sale in Alaska, you have to take into consideration that it will probably cost you $2000 to drive it home. The best place to find repossessed motorhomes and RVs is to either find them for sale by a credit union, or else try to find them at a local auction. Sometimes you can even get a good deal on motorhomes that are in pre-for closure. Whenby these motorhomes you have an opportunity to short sell the bank and save a lot of money in the process.
Offer to buy it.
You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.
The best place to buy repossessed homes is at property auctions. Properties can be picked up much below market price but its important to know what you are doing. There are many sites available containing information on property repossession or buying repossessed homes.
Have to buy membership