We here in Norfolk have had very good success with car's sold by owners. We do require that a copy of the title is on file with us to make sure there are not liens on the car. We figure the taxes, title and tag fees no differently then another loan. I wish that we could have more sales like these, they go pretty smooth. As far at the signing over of the title I give the lien holder information to the client and the former owner and client goes to DMW handle title work. ----- Original Message ----- From: <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, October 02, 2003 12:38 PM Subject: [WTW] Private Seller
> > We are doing our first car loan "for sale by owner" where the applicant is > buying a car from a private seller. Can any of you who have done this > before tell me what your procedures are and how do you determine what the > registration, tax and title fees would be? > > Thanks- > > Suzanne Reid > Program Coordinator > Ways to Work Detroit Loan Project > (313) 883-8399 > > The above information is intended for the addressee and may contain > information that is privileged, confidential, or otherwise exempt from > disclosure under applicable law. If the reader of this message is not the > intended recipient, you are hereby notified that any dissemination, > distribution or copying of this communication is strictly prohibited. If > you have received this communication in error, please immediatley notify us > by telephone. Thank you. >
