What are the steps in buying a car when the seller still owes a loan?

Answers:0   |   LastUpdateAt:2012-08-26 15:37:02  

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mrs johnson
Asked at 2012-08-26 15:37:02
Ok , so I want to buy a used car that has no title, since it has a loan on the car and they get it until the loan is repaid . Ok , so I are selling the car for $ 11,500 and you only need $ 4,000 in the bank . So we decided to meet at the bank , but I'm not sure what I should take with me from the DMV so I can have the title and what should I be ready for ? MedlinePlus So after the loan is paid in the bank , should I take the car with me or if you still need to keep the car until I get the title or they get the title ? So I take the car after the deal is done and also printed on paper that the car is mine after the loan is paid ? Thank you.
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