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How do you sell a car you still owe money on and the bank is not local and the buyer is paying cash?
Wiki User
∙ 17y ago
Contact the bank for the payoff amount. Send them that amount and they will send the title. You can then transfer the title to the new owner.
Wiki User
∙ 17y ago
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If a person buying a used car from a private party in Oregon cannot complete the purchase do they get back the money already paid?
Probably not. That's pretty much up to the seller. But in court it will probably be counted as rent paid towards the car during the time the buyer used it and the buyer won't get the money back. If the buyer were paying on the car, but never had it in their possesion, it might be different. But I'd still say that it's up to the seller.
If the owner financier a person not a company holds the mortgage note and he files bankruptcy how does this affect the buyer of the property?
The buyer still owes the money and must pay the debt.
Why are you still paying them?
Why are we paying all these countarys and taking money away from our own military and disabled vets .why are we paying for japan after all these years and they started the war
Can an ex husband have you insured still?
yes. if its you who is paying, you may cancel at any time. if it is him, you can still cancel it if you have his credit card information. If it is him paying, i would let him keep paying forever and save you some money,
Can you sell a car that you still owe money on if the buyer takes over payments?
Yes, if the lender approves of the transfer of the loan.
What can local governments do if they want to use federal money for a special project?
Simply still their money.
I sold a vehicle and gave a bill of sale can I cancel the sale?
If you and the buyer are in agreement, then certainly. You would give the money back, and the buyer would give back the vehicle and the bill of sale. However, if the new owner has already registered it with the DMV, then the sale is completed and the vehicle has changed ownership. If the buyer still owes you money, and you didn't put a lien on the title, you would have to take the buyer to court.
If a buyer defaults on the contract but it isn't stated in the contract that the vehicle can be repossessed can it still be taken?
You need to contact a local attorney for state specific advice.
Can you still owe money on a car that was repossessed and resold to another buyer?
yes. When a vehicle is repossessed by the bank it doesn't mean that you stop making payments. You are still liable for the loan.
If you sell a car and still owe the bank how do you get the title from the bank?
you need to have the buyer fill out the Bill of Sale, and get the money before the title is handed over.
When you sale a house that's not paid off what share of the money do you get to keep?
Money from buyer - money left to pay - costs related to the sale = your share. If selling the house don't raise enough money, you may still owe some after the sale.
Can you sell your car to a buyer and use the money you make to pay off the bank for what is still owed on the car?
If the buyer knows what you intend to do. Any smart buyer is going to want to look at a clear title before he/she makes any kind of payment to you. It is something you can't hide from the purchaser, but you can hide it from the bank.
