[s-cars] Out of town buyer.

[Scott Justusson]

Never, ever, ever, never ever hold a Title until a check clears.  Unless, you also hold the car until it does.  You become liable for all actions of the Buyer with that vehicle if you have not transferred ownership of it. Most think 'I will let Buyer take the car but hold the Title until his check clears'.  Sounds like you covered yourself, but if the Buyer has the car, and it's a scam, do you really think he needs the Title?  Assuming he didn't already take out the Neuro-surgeons on the way to the chop shop.

Easy Button says:  Sellers don't take checks because you assume more risk than you should.

SJ

 

 

 

-----Original Message-----
From: Eric Sanborn <esanborn at gmail.com>
To: Bruce Mendel <brucem105 at comcast.net>
Cc: s-car-list <s-car-list at audifans.com>
Sent: Mon, Jul 29, 2013 6:54 am
Subject: Re: [s-cars] Out of town buyer.


You can wait to mail the title until the check clears.
On Jul 29, 2013 12:27 AM, "Bruce Mendel" <brucem105 at comcast.net> wrote: