Would value any and all recommendations for escrow agent for a domestic sale (Continental U.S.). I am selling the vehicle, and need to have an option to offer the buyer to protect both parties.
Thanks,
Christophe
Private party car sale using escrow agent?
- salukixr4ti
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Private party car sale using escrow agent?
This ain't no disco...It's Wichita.
- merkurdriver
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Re: Private party car sale using escrow agent?
Watching to see the responses you get as I have often wondered myself about doing this.
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Re: Private party car sale using escrow agent?
Any lawyer can do that: shop for a reasonable fee for that service. Writing up the details (the contract in essence) might result in higher fee than you're hoping for, unfortunately
[Merchant banks do that kind of service:l: search Letter of Credit. i doubt they's be interested in your situation though.]
YMMV
[Merchant banks do that kind of service:l: search Letter of Credit. i doubt they's be interested in your situation though.]
YMMV
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Lijewski: "Sum Ergo Drive-O. Mucho!
- merkurdriver
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Re: Private party car sale using escrow agent?
https://www.escrow.com/cars
Vehicle Amount / Escrow Fee
$0-$5,000 / 3.25% ($10.00 minimum)
$5,000.01-$25,000 / $162.50 + 0.26% of amount over $5,000
over $25,000 / 0.89%
Vehicle Amount / Escrow Fee
$0-$5,000 / 3.25% ($10.00 minimum)
$5,000.01-$25,000 / $162.50 + 0.26% of amount over $5,000
over $25,000 / 0.89%
- salukixr4ti
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Re: Private party car sale using escrow agent?
That is the outfit that the buyer proposed too. Would love to know if anyone here has used them.
This ain't no disco...It's Wichita.
Re: Private party car sale using escrow agent?
Hi all,
I have had a transaction for high end audio gear that was done as an escrow sale. I used my local banker to control the deal. If you have a good relationship with your bank that might be a choice.
Cheers.
I have had a transaction for high end audio gear that was done as an escrow sale. I used my local banker to control the deal. If you have a good relationship with your bank that might be a choice.
Cheers.
1986 XR4Ti Mineral Blue Metallic