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Old 07-24-2015, 06:35 PM
 
1 posts, read 723 times
Reputation: 10

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I just moved to michigan and got my registration and plates. My title was in a title holder state and I have a lien on the car; so the title is in the bank. They won't release until its paid off.

Now, I want to sell my car and the buyer's bank needs a title to release funds for buyer's loan. well i cant provide that because mine isnt paid off yet.

How do I convert my out of state title to Michigan so that I can request the bank to send me the title even though there is a lien on it (you can hold the titles in MI even with bank lien)

I am very confused!!!! if anyone knows how to get one please help (SOS says there is a foreign registration but that's not the title which is what the bank needs to give buyer the loan)
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Old 07-27-2015, 08:35 AM
 
8,573 posts, read 12,405,577 times
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How is it done in your former state? Certainly people have sold cars before they're fully paid off. If all else fails, check with the Secretary of State's office.
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