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

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What are the steps in buying a car when the seller still owes a loan?0mrs johnson2012-08-26 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.
Tell me about buying a car privately when seller still owes on it?1By Lana2012-10-22 10:10:02
so I guess I have to pay the $ , get a bill of sale, the seller assumes the $ I gave him and pay loan and sends me the title . What if you do not repay the loan? I have the car , but I guess the creditor can come after me for this? How does this work ?
Buying a car from someone who still owes on money on their loan?1Brittani2012-10-06 14:17:02
I can buy a car from a private owner shortly. However, the person I 'm buying the car you still owe money on your loan . He will use the money I'm giving to pay most of your loan , and then you have to pay the rest out of pocket. My problem is I do not know this guy , and I do not feel comfortable giving a bank check for such a large amount , and not get a title change. The technician could return and report the stolen vehicle after getting the money . Aside from going directly through your bank ( probally not possible while in the military and out of state ) How I can protect myself in this case ?
Im looking at buying a used car from a private seller, which I will need a loan for.?1Jarrad Michael2012-10-25 05:48:50
My credit is better than me , but not so much landfill . Im Jus wondering if a personal loan or a car loan is best , and that im more likely to be approved . Also, what would be a typical value approipate before I deny ? Any loan amount would help me a lot! Thank you.
How do I go about buying a car? What are the steps I should take?1Yadira M2012-10-24 02:33:02
I've never had a car and do not know anything about buying one. I have an idea about the type of car you want and know that I am looking for a used car, but do not know exactly what to do from there make the best decision . What are the next steps ? MedlinePlus Should I go to a dealer or an independent seller ? Should I get a car loan or not ? etc.
Can I get a vehicle loan if I'm buying from a private seller?1Naoto2012-10-05 11:10:03
I will not go into too much detail , but I need a car and most likely need for funding. I have never had a loan before and I do not know much about the process , but I'm thinking of applying for a car loan through my credit union. However, I have also decided that rather buy from a private seller to a dealer . Am I able to get financing for that car ? Will higher interest rate ? How does it work ? MedlinePlus MedlinePlus And please , I am not here to hear about what a bad idea it is. I know. But sometimes necessity trumps practicality . MedlinePlus MedlinePlus Thank you !
What are the steps to buying a home?0Haile2012-09-07 23:43:03
A little background info : MedlinePlus I'm in my 20s . I am a recent college graduate with a job pretty safe. MedlinePlus I've never had a credit card , so not the credit card debt . I have a bad credit . In college , I had a lousy health insurance , so I have a few medical debts as 5 years . I just finished paying my car , and I have student loans I have done very well in ( paid extra each month ) . The only bad in the old medical bills , which has brought my score to 500 . MedlinePlus MedlinePlus I found a house I want to buy . I have no idea what to do first to start the process . How much will it affect my credit to get a loan ? How I can buy this house DDO ? Thank you !
Buying car from Private Seller question?0Danielle Stacey2012-10-19 16:57:43
I 'm buying a car from a private seller and the seller has not yet paid the $ 24,000 loan . My question is if I were to pick up $ 24,000 in a cashier's check from my bank , how I can pay the car safely ? .. Basically I do not want my hose. MedlinePlus MedlinePlus I know of a bill of sale , but I read somewhere that the online transaction money should not go down until the title is ready to be turned on again. He can not even get the title until we have the car paid off . MedlinePlus MedlinePlus Thank you !
I have a question about buying a car from a private seller?0marie s2012-10-12 21:53:01
All private sellers probably wants money up front for the car. But let's say I save to get a car from a private seller ... I can get a loan and pay for it ? Let's say that the car would be about $ 8,000 . MedlinePlus MedlinePlus Would I have to pay the bank ? Im only 16 years old. I know I can not get a loan of up to 18 im embargo. I just want to be ready if one day I decide to buy a car from a private seller . I would like to know what to do with a loan as you can get .
Buying a car form private seller?1Can sombody please help me2012-10-26 19:08:02
OK I want to know if the following is possible. MedlinePlus MedlinePlus I am a student of 20 years old university and want to buy a used car from a private seller that costs about $ 15,000. But I have no credit only Chase debit card . So I know that they would be denied a car loan , because it has no credit history and only make about $ 800 a month. So my question is would it be possible to make an agreement or contract with a private vendor to put as $ 5,000 down and finance the rest of the month with a $ 380 compensation and give more interest , without turning a loan from a bank. I really prefer not to involve the bank so they can stop sucking the life out of us and let the seller have the extra money that the bank normally benefit . I do not see how this is wrong , it's a win, win situation . Thank you very much !
Buying a house financing is being down with an FHA loan and seller paying closing cost,what happens?0marquis2012-11-02 11:12:18
what happens to the earnest money. is it subtract from the down payment?
When buying a house in india with a home loan,who pays for the stamp duty fee-the seller or the buyer?3didgeridoo !! 2012-09-16 07:03:03
heard that small builders underestimate the price of lowering the rate of stamp duty and ask for the buyer's cash balance - poses a difficult situation when considering buying a house with loan.is what I hear is true ?

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