buying vehicle that the bank owns the title to.
The deal may be legit but you need to check with the bank to make sure funds from sale of the car are enough for them to release the title. It may only be a part of pledged security. If it is not local and you are not getting a stellar deal on the vehicle, walk away and wait for another deal. Your time to sort it out is worth something. However, if you are getting a deal, you should be able to work out an escrow situation with the bank and the seller. Just escrow the check to the bank contingent on getting the title mailed, FedExed or whatever. I certainly would not hand it to the seller if he does not have physical title to hand you! That's just asking for something in your Southern region.
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