[bimmertt]

So I just bought my BMW from a private party in Chicago, IL. The person's bank sent the title to my bank and my bank sent it to me. Was the bank supposed to send the title back to the owner to then sign over to me? I'm not really sure what to do since I am located in Maryland. The bank filled out their part but it looks like the owner still needs to sign. Anyone here familiar with titling in IL??? Any advice is appreciated. Thanks!!

[UdubBadger]

Originally Posted by cgtsx07

So I just bought my BMW from a private party in Chicago, IL. The person's bank sent the title to my bank and my bank sent it to me. Was the bank supposed to send the title back to the owner to then sign over to me? I'm not really sure what to do since I am located in Maryland. The bank filled out their part but it looks like the owner still needs to sign. Anyone here familiar with titling in IL??? Any advice is appreciated. Thanks!!

I believe you need to sign it and have it re-titled in MD and they should send it back to your bank because they are the lien holders. I'm pretty sure since the bank actually owned the car when it was his, they can sign it directly over to you (if it was owned by the guy he would have signed it over). I would call your local state office and ask them what THEY need, doesn't really matter if IL screwed up as long as your bank gets it titled into your name and holds it.

[mkPOTO]

you still have to have the guy sign it, I would say send it back and have him sign it and send it back. If you dont trust hm make sure to contact him through email or something so you can have backup if he decides hes gonna try to scam you or something.

[Darkcyd_Turbo]

Originally Posted by mkPOTO

you still have to have the guy sign it, I would say send it back and have him sign it and send it back. If you dont trust hm make sure to contact him through email or something so you can have backup if he decides hes gonna try to scam you or something.

you'd be asking for trouble if you send back the original title...i say send a copy and make the guy get it notorized to legally prove that it was him and give both copies to get registered. i would be mega hesistant to send him the title. like udubbadger said, let the banks deal with it because they most likely have to send the lein release for you to register it anyway. always remember....cover your ass first!

[mkPOTO]

Originally Posted by Darkcyd_Turbo

you'd be asking for trouble if you send back the original title...i say send a copy and make the guy get it notorized to legally prove that it was him and give both copies to get registered. i would be mega hesistant to send him the title. like udubbadger said, let the banks deal with it because they most likely have to send the lein release for you to register it anyway. always remember....cover your ass first!

they wont take it, they want the actual copy to be signed. I have had this problem before when we bought a car at auction.


are you going through a bank to get a loan or already have?

[bimmertt]

Originally Posted by mkPOTO

they wont take it, they want the actual copy to be signed. I have had this problem before when we bought a car at auction.


are you going through a bank to get a loan or already have?

Yeah, I went through my bank and I have a loan. My bank paid off the lien on his car a few weeks ago and I already have the car in my possession. But for some reason, his bank sent the Illinois title directly to my bank, and my bank then sent it to me.

[mkPOTO]

yeah they should send it to your bank, the reason they did that is because they paid the lien to to pay off the other bank. What your going to have to do now is register the car and send it back to the bank, because they would want it (they do technically own the car, until you pay it off) So technically there shouldn't be a signature from the person you bought it from but possibly a stamp from the bank he got the loan from. In that case just get it registered

[CubanJJ09]

back to the state then bank send back back send to lein send back IL , thats what i got from skimming this thread. OP hows Kyles SG car? im sure everything will turn out ok

[Dubbedoutbimmer]

Originally Posted by CubanJJ09

back to the state then bank send back back send to lein send back IL , thats what i got from skimming this thread. OP hows Kyles SG car? im sure everything will turn out ok

a title from IL you say.....? ok follow these 3 steps

one locate bathroom
two drop some heat
three commence to wiping ass with said title

[kyleb350]

What? No, it's not mine.

I am not 100% sure of this process myself, but I'm going to have to go through it on Friday hopefully. The seller will pay off the car, and the buyer has to sign something so that the bank can just mail the title to the seller or the seller's bank.

[CubanJJ09]

Originally Posted by Dubbedoutbimmer

a title from IL you say.....? ok follow these 3 steps

one locate bathroom
two drop some heat
three commence to wiping ass with said title

LOLOLOLOLOLOLOLOOLOOLOOOOOLOLOLOLOLOLOLOLOLOLOLOLO LOLOLOLLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL OLLOLOLOL

thats a nice avatar. those are one of those fance self portrait shadows, inventive and refreshing. kudos.

also again regarding your post LOLLOOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO LOLOLO

[CubanJJ09]

Originally Posted by kyleb350

What? No, it's not mine.

I am not 100% sure of this process myself, but I'm going to have to go through it on Friday hopefully. The seller will pay off the car, and the buyer has to sign something so that the bank can just mail the title to the seller or the seller's bank.

worth a shot to guess, was going for the "haha wowish factor" so when u getting the condo

[Green///Hell]

I've bought and sold things state to state. But either way if you have the original title in your hand you don't need the guy to sign it. Just Title it. Just make.take a bill of sale and sign the title over to yourself