Quote Originally Posted by karl88
hi! im planning to sell a car and would like to ask about the ways on how i should go about it.

1. when do i let go of the car? what if he pays with a check... do i give him the car after the check has been encashed?
2. who pays for the fee for the TMG clearance and transfer of ownership?
3. who pay for the notarization of the deed of sale?
4. what if the prospect buyer applied for a bank loan to pay for the car... will the bank be the one to pay me or will the cash be released to the prospect buyer then i will be paid in cash na?

thanks in advance.
4. Yung bank ang magbibigay ng cheque sa inyo. Ang mahirap lang dito ay ang bank. Magbibigay lang sila ng pera paka palit ng or at cr sa pangalang ng bibili. Kaya dito mauuna ang deed of sale at or ,cr bago matanggap mo ang pera. Kung di mo kilala ang bibili pwede kang takasan kasi nasa kanya na ang mga papeles at sa kanyang pangalan.