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Selling something...that's not yours

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Old 04-25-2007, 11:57 PM
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Default Re: Selling something...that's not yours

Originally Posted by 88dx
whats if for?
A dirtbike. My baby.

I'm thinking I'm going to have to convince the girlfriend to transfer the balance onto one of her credit cards. I wonder how she'll feel about taking on a $3600 debt for me. :P
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Old 04-25-2007, 11:58 PM
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Default Re: Selling something...that's not yours

im assuming this is for is for a car, if you got your loan throught the bank, go with the person whos buying and pay the loan on the spot and tell them the situation. they should transfer the title to the buyer. and the buyer will recieve paperwork in a few weeks. if person it mistrusting still, write up a contract and both of you sign it
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Old 04-26-2007, 12:00 AM
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Default Re: Selling something...that's not yours

U still owe 3,600 on a dirt bike
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Old 04-26-2007, 12:06 AM
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Default Re: Selling something...that's not yours

Originally Posted by shadow
im assuming this is for is for a car, if you got your loan throught the bank, go with the person whos buying and pay the loan on the spot and tell them the situation. they should transfer the title to the buyer. and the buyer will recieve paperwork in a few weeks. if person it mistrusting still, write up a contract and both of you sign it
The bank isn't local.

Originally Posted by 88dx
U still owe 3,600 on a dirt bike
Yep, original loan amount was for $6500 in ~Sep.02. You can tell I've been making heavy payments on it ever since.
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Old 04-26-2007, 12:11 AM
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Default Re: Selling something...that's not yours

Have him pay for it, give him the dirtbike and a typed piece of paper saying he paid for the bike and the whole situation. Add a penalty of $300 to yourself if the whole transaction isn't smoothly handled by (enter date here).
He'll have the bike, and a piece of paper saying he paid you for it and the penalty etc..... The only way he could get fucked is if you don't pay it off and the bank wants the bike back.
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Old 04-26-2007, 12:58 AM
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Default Re: Selling something...that's not yours

---- figure in atleast a ------- month from start to finish for the guy to get his title

if its a serious buyer he'd have no problem.. if i was doing this and buying a bike off someone and going through all that trouble i better be ------- getting the bike for 500 off whatever the vallue is

just not worth the hassle when you can just go out and buy another bike with no bs for the same price

tell your gf you love her and that you need to do this for "us" and just foot her the tab then when you get the 3600 go out and buy another toy to **** her off
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Old 04-26-2007, 01:06 AM
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Default Re: Selling something...that's not yours

Justin, make it easy on everyone, just go to a notary public. If you suggest it for his protection, im sure he will know you intend to deliver. So thats the legal way to do it, so good luck man.
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Old 04-26-2007, 01:38 AM
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Default Re: Selling something...that's not yours

Originally Posted by LSD Motorsports
Justin, make it easy on everyone, just go to a notary public. If you suggest it for his protection, im sure he will know you intend to deliver. So thats the legal way to do it, so good luck man.
Exactly, A notary is the only legal way of doing something like this, it will completely hold up in any court. just let him know what the situation is
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Old 04-26-2007, 07:59 AM
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Default Re: Selling something...that's not yours

Originally Posted by Dr.Boost
So the buyer will only receive this piece of paper as proof of ownership until the title actually gets transfered?
Just have it notarized. Unless you have a lawyer on retainer that will be your best bet
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Old 04-26-2007, 08:08 AM
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Default Re: Selling something...that's not yours

dirt bikes have titles? wtf
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