Quote:
Originally Posted by rushca01
Need a little help here in buying from a private seller. What is the easiest way to buy that's beneficial to both parties. I can just walk into the bank and request 40k in cash...however the seller doesn't want a check etc.. what is the best legal way to do this? How do people pay all this gobs of cash?
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You can always arrange to have clearing of all the paperwork etc done via an ESCROW AGENCY ----- where you send them the money and they don't release it until whatever stipulations you place on the transaction are met. Such as delivering the signed off title -- and if you want the car delivered to a third party for inspection before he gets the money etc. It costs a tiny bit - but PROTECTS BOTH PARTIES - just like when you buy a house.