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Old 04-10-2012, 08:18 PM
 
11 posts, read 18,708 times
Reputation: 12

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I live in the Portland area and will be selling my car to a person who lives in the Seattle area. I have a loan on the car through a local credit union, but the buyer will be paying "cash" via bank transfer. Once the loan is satisfied, the bank will mail the title.

I am wondering what the title transfer process looks like when it's across state lines. When the bank transfer is complete, do I just have the title sent to the new owner? Do I keep the car until the new title is sent (it takes 10 days), or can I hand over the vehicle before that?

If you have gone through a similar process or understand how it works, I'd love to hear how the transaction worked for you.

Thanks!
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Old 04-11-2012, 08:52 AM
 
Location: Portland, Oregon
10,990 posts, read 20,584,037 times
Reputation: 8261
Call or send a note to DMV and ask them for expert advice (actually you could probably find the answer & forms on their web site).
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Old 04-11-2012, 01:47 PM
 
Location: Portland
57 posts, read 147,916 times
Reputation: 23
Bank will mail title that they have sign off on as sold to new buyer.

Buyer will take that title and get new Washington title in their name.

Since youu don't have title transfer can not happen until bank releases it.
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Old 04-11-2012, 03:49 PM
 
Location: Portland, Oregon
10,990 posts, read 20,584,037 times
Reputation: 8261
I would notify DMV that you have sold the car, and to whom. That way if it accumulates tickets they will know that it has been sold.
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