Don, typically any bank will do that. The seller takes his title to his
bank, with instructions to release it when the bank gets good funds from
the buyer.
Larry Hoy
> -----Original Message-----
> From: owner-vintage-race@autox.team.net
> [mailto:owner-vintage-race@autox.team.net] On Behalf Of Don Tiana
> Sent: Thursday, November 21, 2002 12:53 AM
> To: vintage-race@autox.team.net; shop-talk@autox.team.net
> Subject: Cars & titles
>
>
> I have an interesting situation developing here and I'd
> appreciate some advice, please. As a favor, I took on the
> responsibility of selling a car located here in California
> for the owner in Florida. Now here's what I'm concerned
> about; The car owner doesn't want to just turn over the title
> to me, they want me to find an escrow type business for cars
> that would hold the title and payment and deliver each to the
> appropriate parties when the deal is finalized. My question
> is: is this the norm anywhere, because I've never heard of it
> before and if it is done can anyone recommend a company in
> Los Angeles (Calabasas) area that does it. TIA.
>
> Don Tiana
> Topanga Cyn., CA.
> 818.591.3008
> dstiana@juno.com
> Still searching for that H-Mod Lotus Eleven #109
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