Hi all, hope i've posted in the right section.
Seek for experience forumers on my current problem.
Am selling off my ride to a cash buyer.
He is confirming on the purchase but both of us has no experience on this.
How the process should go?
While the buyer requires to transfer the ownership to his name and meantime I am expecting to receive the cash payment from the buyer.
Neither one of us willing to proceed 1st, meaning, he refuse to bank-in the cash 1st before the name transfer and I am also not willing to change the ownership without receiving payment from the buyer.
How should I go with it? Is there any better ways to make sure both the seller and buyer in this manner?
Appreciate your advise as I am going to close this deal soon.
Thanks in advance.
Seek for experience forumers on my current problem.
Am selling off my ride to a cash buyer.
He is confirming on the purchase but both of us has no experience on this.
How the process should go?
While the buyer requires to transfer the ownership to his name and meantime I am expecting to receive the cash payment from the buyer.
Neither one of us willing to proceed 1st, meaning, he refuse to bank-in the cash 1st before the name transfer and I am also not willing to change the ownership without receiving payment from the buyer.
How should I go with it? Is there any better ways to make sure both the seller and buyer in this manner?
Appreciate your advise as I am going to close this deal soon.
Thanks in advance.