Titling
Which states do we handle every deals title and reg?
WHAT IS WA, CA, TX, FL
The document that is received with directions for my own bank deals
WHAT IS A PURCHASE ORDER
The name of the 3 lenders we work with
Who are ALLY, BECU, WESTLAKE
Buyers can add whoever they want on title/reg on these deals
WHAT IS ALL CASH
A title has a different owner than the seller, what is needed?
WHAT IS REG OWNER ID VER OR POA
The document we can provide to a lender/buyer that we will reg/title the car
WHAT IS A LETTER OF GUARANTEE
These stips are required for every single THFF deal
WHAT IS DL, INSURANCE, AND PROOF OF INCOM
TXSI and Smog required to be within this many days of the sale...reason?
WHAT IS 60 DAYS. TO GIVE TITLING TIME TO SEND OUT AND RECEIVE DOCS
A title showing a lien needs what to be released?
WHAT IS SIGNED, STAMPED, AND DATED OR LIEN RELEASE
The type of funding where the bank pays after the title is perfected with them as the lien holder and do we work with it
WHAT IS DRAFT FUNDING. WE DO NOT ACCEPT WITH THE EXCEPTION OF USAA AND NAVY FED
In these states buyers are able to finance through BECU
WHAT IS WA AND OR?
Turn around time for an ACH refund from when it was first sent
WHAT IS 3-5 BUSINESS DAYS TO LAND AND 1-2 TO RETURN
Electronic titles are valid for these deals
WHAT ARE FL>FL DEALS
Can a buyer add another person on their title/reg with MOB
NO ONLY PERSON/ PEOPLE ON LOAN
At this APR we require a turbo pass to be completed?
These CA>CA deals do not require smog
WHAT ARE EVS AND VEHICLES LESS THAN 5 MODEL YEARS OLD
This is necessary for us to sell a lease vehicle
WHAT IS A PERFECTED TITLE NO LONGER SHOWING THE LESSOR POST LEASE BUYOUT
Options for a buyer who's bank will not work with us
What is a disallow and how can we make it work?
A NEGATIVE REVENUE DEAL. BUYER MUST ADD PRODUCT TO PROCEED
The 2 reasons a buyer would not be able to pay ACH