I have both sold and purchased items that had a lien on them...Not to get to personal, but are you planning on paying cash, or financing?.....What I would do is this..
1. Find the bike you want
2. Check to see what it "books" for
3. Check to see what the "payoff" is (principal amount still owed)
If the price you are paying is at or above the lien amount you are ok...if the lien amount is more than the price you are paying that could be an issue....
If you are paying cash you can make arrangements to go to his/her their lending institution and let them take care of it...
If you are financing the deal most lending institutions (at least mine will) will take care of the payoff for you...
Bottom line...do some research and you will know what you can/can't get help with...
1. Find the bike you want
2. Check to see what it "books" for
3. Check to see what the "payoff" is (principal amount still owed)
If the price you are paying is at or above the lien amount you are ok...if the lien amount is more than the price you are paying that could be an issue....
If you are paying cash you can make arrangements to go to his/her their lending institution and let them take care of it...
If you are financing the deal most lending institutions (at least mine will) will take care of the payoff for you...
Bottom line...do some research and you will know what you can/can't get help with...
