HI, guys, hope you can help. I bought a used car from a private seller at an estate sale. It sweet, lo miles, the owner only put 600 miles on it in 1.5 years and it still has 2.5 years of an after-market warranty thru Yark.
The man I'm dealing with is the owner's son who has power of attorney because she is demented in a nursing home. He got the loan for his mother thru Wells Fargo and has what is called an electronic lien, not sure if that means he got the loan online or if it matters. I got a loan thru my credit union paid the loan off so that the credit union would get the title to secure the loan, per normal.
The seller/son signed a POA when we closed so that the CU could handle all the details. The CU got the letter from Wells Fargo saying that the lien was discharged, but did not get a paper title and now the loan officer is being told that she cannot get the title because the son cannot transfer a POA. She called the son and told him he has to go to the title bureau and get the title and he is refusing, demanding to be paid for his time, saying she or I have to go get it, he won't do it and has shut off his cell phone, our only contact number.
I just found out about this today as the LO was on vaca for the 3 days after she called him. I have not talked to the seller/son, altho he seemed like a nice guy when all the rest of the deal was going down, so this baffles me.
My question: can I take the papers that Wells Fargo sent to my CU, along with the sellers POA, and get the title myself?
created by nana on May 29, 2012 at 07:02:04 pm
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