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LEGALLY, YES, you can go get it IF your name is on the TITLE. be ready to deal with the money part of the deal from him.

2015-07-15 19:30:53
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Related Questions

Does a co buyer have rights to the auto loan payments?

The lender has the right to receive all the payments. A co-buyer has no rights TO the payments.The co-buyer is equally responsible for making the payments.The lender has the right to receive all the payments. A co-buyer has no rights TO the payments.The co-buyer is equally responsible for making the payments.The lender has the right to receive all the payments. A co-buyer has no rights TO the payments.The co-buyer is equally responsible for making the payments.The lender has the right to receive all the payments. A co-buyer has no rights TO the payments.The co-buyer is equally responsible for making the payments.


If you are the co-buyer and you are the one making the payments can the buyer take your auto away?

Cosigning for ANYONE is one big mistake. If the person you cosign for is not making the payments then the person that cosigned is responsible for all payments. I have no idea why anyone would want to do this. Unless there were stipulations in the contract you signed with the buyer, then no, they can't just up and sell the car. Take another look at your contract. Marcy


If a co-buyer is on the contract and is making the payments does the co-buyer receive the credit points or does the buyer?

Both the co-buyer and the buyer get the credit and the blame if the loan is not paid. Co-signing on the loan is the same as getting the loan.


Who is responsible for making monthly payments when there is a primary buyer and a co buyer?

either OR both


If you are facing repossession and have a buyer that will take over payments will the finance company refinance the car for the buyer?

not normally the contract is with yourself, not them


Contract for Deed?

Get StartedA Contract for Deed is commonly used by a Seller of property who is interested in acting as a lender to the purchaser of their property. Through a Contract for Deed, the Seller also acts as the financer for the Buyer. This option has pros and cons for both Buyer and Seller.The Seller does not receive the total sales price for the property at the time of executing the Contract, but rather receives payments pursuant to the terms of the Contract. The Seller does retain ownership of the property until the Contract terms are met. Since the Seller receives periodic payments, the Seller can view these payments as steady income. Since the Seller is the financer, the Seller receives the total purchase price plus accruing interest as set forth in the Contract. The Seller takes on certain risks should the Buyer default on payments making it necessary to pursue foreclosure proceedings.A Contract for Deed assists a new homebuyer with no credit history or poor credit history in obtaining financing to purchase a home. By not using the traditional financing method of a bank or credit union, the Buyer can build credit by financing through a Contract for Deed. The Buyer must be cautious when entering into a Contract for Deed to ensure that the Seller is the actual owner of the property and has authority to sell the property. The Buyer can contact the County Recorder for the county the property is located in to check the property records.


Can owner of property stop buyer from making payments on land and take possission of land again?

You need to have an attorney review the terms of your contract.You need to have an attorney review the terms of your contract.You need to have an attorney review the terms of your contract.You need to have an attorney review the terms of your contract.


Which statement about contracts is correct?

The correct statement about contract is that a contract is an agreement between a buyer and a seller. A contract can be a written or oral agreement.


How can a co-buyer take possession of a truck when the primary borrower is not making the payments?

When someone co-signs, they are basically just agreeing to making the payments when the signer can not. * Any legal rights that a cosigner or a co-buyer(borrower) have depend upon whether or not their name is on the title to the vehicle.


Can I put a lien on a car title I'm selling if the buyer is making payments to you?

You can if you listed yourself as the lien holder of the car at the time you transferred the title to the person making payments. If you did not do this at the time you transferred them the title, you can not legally do anything.


If the buyer hasent made any payments over a car and the co buyer has. What are the co buyers rights?

The co-buyer can sue the buyer in court and provide proof of payments and be repaid the amount put in.


What can you do if you are the primary buyer and the co-buyer who has the car is not making the payments and you cannot locate the car in Florida?

I recommend discussing it with the LENDER. Ask for "help" in "locating" the car. If that doesnt work, contact a FL repo company for advice. NOTE. Is the TITLE in your name(owner OR co-owner)? If you are simply on the LOAN contract, you are in a mess.


Can a person change their mind after signing a purchase and sale agreement to buy land?

That depends on the terms of the contract. The buyer may lose their deposit.That depends on the terms of the contract. The buyer may lose their deposit.That depends on the terms of the contract. The buyer may lose their deposit.That depends on the terms of the contract. The buyer may lose their deposit.


What is foreclosure?

Generally, when real estate is purchased the buyer must borrow the purchase money from a lender. The buyer enters a contract with the lender and one of the terms of the contract is that the lender can take possession of the property and sell it if the borrower defaults on the payments.Foreclosure is the legal proceeding by which a lender terminates a mortgagor's interest in the property after the mortgagor has failed to make the payments. The foreclosing lender takes possession of and sells property.


You are selling your motorcycle to a guy making payments How do you release yourself of liability with out signing over the title?

Check with the Secretary of State in your area to confirm you can be the lien holder for the vehicle. Assuming you can, simply sell the vehicle to the buyer, and list yourself as the lien holder on the title. It would be a good idea to utilize a contract to outline payments and if you require the buyer to maintain insurance on the bike until the lien is satisfied. Hope this helps. DealerOffices.com


Back out of car contract not signed by primary buyer but only by secondairy buyer?

If your question is "can the contract be null and void" if signed only by the primary buyer and not by the co-signer? Depends. If the contract is in both names-yes. If the contract is typed up "only" in the buyer name-no. If the loan is conditioned to both signing, yes.


What rights does a co buyer have to a vehicle?

The co-buyer of a vehicle has equal rights to the vehicle if there name is on the title. The co-buyers rights can be defined by a written or verbal contract.


What is the seller's compensations if buyer does not keep his agreement to purchase real estate?

There are remedies available to the Seller if a buyer does not purchase the real estate as agreed in a written, fully executed contract. These are only available to the seller if the buyer has signed the contract and there are no limiting conditions such as a financial clause, inspection clause, due diligence period, etc. If the buyer breaches the contract the seller may sue to keep the buyer's deposit, sue for damages caused by the buyer breaching the contract, and may also sue for "specific performance" which would force the buyer to purchase and close on the real estate.


You sold a car in a private party sale in which the buyer agreed via written contract to make monthly payments and they now owe 380 and are 4 months behind-how do you repossess in Texas?

You locate the car and remove it from the possession of the default debtor.


If buyer requests a release from contract can seller choose to enforce the contract?

A contract, if properly drafted, is enforceable. If the buyer requests a release the seller can negotiate or keep the deposit.


What is contract farming?

Contract farming is an arrangement with a buyer, such as a food processor or marketer, to sell and ship the produce to the buyer upon harvesting.


If the buyer stops making car payments does the co-signer have to take on that responsibility?

YES YES and YES, Do not cosign for anything that you do not want to pay for. The cosigner is responsible for payment and if not the lender and file liens, sue or any other method to collect as listed in your contract.


What rights do the co buyer have if the primary buyer pays the car off but the co buyer has made all payments before that?

none


Is a bond for title the same as quit claim deed?

Absolutely not. A quitclaim deed transfers the owner's interest in real property to a new owner.A bond for title is a contract by which the owner agrees to transfer the property to the buyer after the buyer makes all required regular payments over a certain period of time. During that time the owner retains title to the property and the buyer has little legal protection for the funds they have paid over. The land contract is a way for the seller to avoid transferring the property and taking back a mortgage.Absolutely not. A quitclaim deed transfers the owner's interest in real property to a new owner.A bond for title is a contract by which the owner agrees to transfer the property to the buyer after the buyer makes all required regular payments over a certain period of time. During that time the owner retains title to the property and the buyer has little legal protection for the funds they have paid over. The land contract is a way for the seller to avoid transferring the property and taking back a mortgage.Absolutely not. A quitclaim deed transfers the owner's interest in real property to a new owner.A bond for title is a contract by which the owner agrees to transfer the property to the buyer after the buyer makes all required regular payments over a certain period of time. During that time the owner retains title to the property and the buyer has little legal protection for the funds they have paid over. The land contract is a way for the seller to avoid transferring the property and taking back a mortgage.Absolutely not. A quitclaim deed transfers the owner's interest in real property to a new owner.A bond for title is a contract by which the owner agrees to transfer the property to the buyer after the buyer makes all required regular payments over a certain period of time. During that time the owner retains title to the property and the buyer has little legal protection for the funds they have paid over. The land contract is a way for the seller to avoid transferring the property and taking back a mortgage.


Who signs the contract first the seller or the buyer?

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