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  1. #1
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    Buyer says his credit union wants copies of my titles to determine lon value

    Does this sound legit???????

    Does it put me in harms way?
    Mike

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  2. Banned
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    #2

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    Boat or vehicle?

  3. Member
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    #3

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    Sounds like my credit union, I would deal directly with the credit union if I were you just to make sure it's legit.
    21XRD coastal 250 XS

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    #4

    Re: Buyer says his credit union wants copies of my titles to det ... (prolinews)

    Sounds like a load of crap to me. They can get a NADA value from year, make and model. I wouldn't give them to anyone unless they had money in their hands.

  5. BBC Lifetime Member Fish TR19's Avatar
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    #5

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    Never have heard of that. I thought they just looked up the value in NADA books or something like that.

  6. Member Toypuller's Avatar
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    #6

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    I would call his Credit Union directly and ask about it. Then fax it if it's legit.

    Giving somebody a copy of my title would make me nervous.
    Give a man a fish, he will eat for a day

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  7. Member
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    #7

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    Said they want front and back. This is for a boat and buyer is 4 hrs away.
    Mike

    In Memory of Michael
    Fantastic Father and Loving Son
    A true man at 23 years old

    "What was once a great country has been mortgaged and bankrupted by the egos and ethics of career politicians."

  8. Member
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    #8

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    It's very common. Faxing copies of your title doesn't put you in any sort of jeopardy.

    A phone call to the credit union to verify wouldn't be out of line, but it won't hurt anything to fax it to them.

    They probably check it to make sure it isn't salvaged as well.



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    #9

    Re: Buyer says his credit union wants copies of my titles to det ... (Sigma)

    <table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by Sigma &raquo;</td></tr><tr><td class="quote">Said they want front and back. This is for a boat and buyer is 4 hrs away.</td></tr></table>

    Pretty sure when I bought my boat my credit union wanted copies also before they would draft the check. I told they guy he could either fax me a copy or I provided him with the credit union fax and point of contact. The guy trusted me and just sent me a copy which I faxed to my credit union.

    I am with USAA credit union btw. If it is on the up and up...he should have no problem just providing you with his credit union info and the loan rep / bank person he is dealing with.

  10. Member jacksonmj's Avatar
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    #10

    Re: Buyer says his credit union wants copies of my titles to det ... (Lockon)

    I went through the same thing two years ago with USAA and the seller didn't want to deal with it so I went to the next boat. Don't know why they wanted it but they weren't going to write a check without it. Call the loan rep and deal with them!

  11. BBC SPONSOR Hawg's Avatar
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    #11

    Re: Buyer says his credit union wants copies of my titles to det ... (jacksonmj)

    They want copies of it to verify who is on the title. They aren't going to cut a check to me if the boat is made out in someone else's name.


  12. Richard Jennings timberland's Avatar
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    #12

    Re: Buyer says his credit union wants copies of my titles to det ... (TMATTE)

    <table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by TMATTE &raquo;</td></tr><tr><td class="quote">It's very common. Faxing copies of your title doesn't put you in any sort of jeopardy.

    A phone call to the credit union to verify wouldn't be out of line, but it won't hurt anything to fax it to them.

    They probably check it to make sure it isn't salvaged as well. </td></tr></table>

    ^^^^ This.
    "If people concentrated on the really important things in life, there'd be a shortage of fishing poles."

  13. Member
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    #13

    Re: Buyer says his credit union wants copies of ... (timberland)

    Making sure it's not a salvage title, no liens and the person getting the check is the person with the boat. Also, you'll probably have to send in the title once it's registered for them to hold.

  14. Member BeeNix's Avatar
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    #14

    Re: Buyer says his credit union wants copies of my titles to det ... (TMATTE)

    <table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by TMATTE &raquo;</td></tr><tr><td class="quote">It's very common. Faxing copies of your title doesn't put you in any sort of jeopardy.

    A phone call to the credit union to verify wouldn't be out of line, but it won't hurt anything to fax it to them.

    They probably check it to make sure it isn't salvaged as well. </td></tr></table>
    ^This...usually I have the buyer call his CU and ask them to call me before I fax to let me know they are legit. Most times I look at the CU's website as I talk to them.


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  15. Notorious P.I.G FSHN ROD's Avatar
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    #15

    Re: Buyer says his credit union wants copies of my titles to det ... (BeeNix)

    I had to supply it for mine to the credit union

    RUMORS ARE CARRIED BY HATERS , SPREAD BY FOOLS , AND ACCEPTED BY IDIOTS !

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