So I'm looking to buy a used boat. It's a 7-8 hour drive but he may be driving it to me. Owner still has a note on the boat.
What's the best way to make the deal and both sides be protected? Last time I bought a boat the guy had titles in hand. He will have to pay off the loan before getting title from the bank.
If his bank (haven't asked yet) is a big chain and we met at a different branch would the bank give me the title? Or at least paperwork saying I own it and send me the titles?
If the bank has no branch near me what should I do? Ideas?
What's the best way to make the deal and both sides be protected? Last time I bought a boat the guy had titles in hand. He will have to pay off the loan before getting title from the bank.
If his bank (haven't asked yet) is a big chain and we met at a different branch would the bank give me the title? Or at least paperwork saying I own it and send me the titles?
If the bank has no branch near me what should I do? Ideas?
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