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Selling, accepting cashiers check?
Posted by Morgan Davis (more from Morgan Davis) on Tue, 31 Aug 2004 09:12:36
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I'm preparing to sell my car and want to know your thoughts on what form of payment to accept.
When you sell a car, do you accept a cashiers check from a known bank? How reliable is that? My bank tells me the funds won't be available until the check clears, which is a little troubling. How likely is it that I am being scammed if the purchaser shows up and we do the sale face to face and she hands over a pre-printed check from a bank that I have never heard of but that checks out on internet search? Should I sign over title and not worry about it or simply hand over keys, sign over title but hold the signed title until check clears, then overnight the title?
posted by 208.200.1...
Posts in this Thread:
- Selling, accepting cashiers check?, Morgan Davis, Tue, 31 Aug 2004 09:12:36 <-- Viewing This Message
- Two problems......, Roger, Tue, 31 Aug 2004 17:45:14
- Cashiers Check..., KB900psi, Tue, 31 Aug 2004 11:54:06
- I'm going through the same thing now, DougM , Tue, 31 Aug 2004 10:27:34
- It's okay if..., Scott Paterson , Tue, 31 Aug 2004 10:20:10
- Why not have him Paypal it?, J, Tue, 31 Aug 2004 09:58:25
- if he's coming face to face, matt 94 aero, Tue, 31 Aug 2004 09:22:10
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