Believe it or not, this is the first time I've sold a car to an individual. The guy that's trying to buy it seems like a good guy, but I'm not sure I can get down with this process:
1) Sign all documentation and return it back in the return envelope that
Bank of America provided. (Includes Power of Attorney over the vehicle to the Bank, Transfer of Title)
2) Once that is done by the both and returned to Bank of
America.
3) They will send (Troy) the check. He will then fly to Detroit with 2
checks.
A) $XX.XXX Cashiers Check
B) $XX,000.00 Check from Bank of America.
4) He will test and look over the car FIRST. Then he will make the call to
buy the car then and there.
What if he decides NOT to buy the car? Then some chick at a bank has POA over my car? I've signed over an open title that's now floating in space? Obviously I'd rather just get cash and be done with it, but I'm not sure he can get me the cash without having that paperwork from me, which of course I'm reticent to send...
1) Sign all documentation and return it back in the return envelope that
Bank of America provided. (Includes Power of Attorney over the vehicle to the Bank, Transfer of Title)
2) Once that is done by the both and returned to Bank of
America.
3) They will send (Troy) the check. He will then fly to Detroit with 2
checks.
A) $XX.XXX Cashiers Check
B) $XX,000.00 Check from Bank of America.
4) He will test and look over the car FIRST. Then he will make the call to
buy the car then and there.
What if he decides NOT to buy the car? Then some chick at a bank has POA over my car? I've signed over an open title that's now floating in space? Obviously I'd rather just get cash and be done with it, but I'm not sure he can get me the cash without having that paperwork from me, which of course I'm reticent to send...