This seems silly to ask but I'm not sure how it would work..
I'm considering buying from a private seller but I would be financing. I'd be placing about $25K down and financing the rest.
My question is, how does the title part work? I'm assuming the car's owner is financed as well, how the heck does the title transfer from his bank to mine? This sounds like the process would take awhile, has anybody done a transaction like this? What are the ins/outs and any advice you have for me. To top it off, I'd be traveling across country to make the transaction.
Mark