This is exactly what i had to do when i bought my 07 zzr600. The guy owed the bank so i had to go in with him make sure i talked to the person at the bank to make sure the money was actually going towards the bike. I then got something called a electronic title. (We signed a bill of sale before we went in the bank) Theres blank ones online u can print up.Your posts are much appreciated!
My dad helped me out when I was buying my first car when I was 16 and my current car was bought new so I haven't really experienced buying a used auto (motorcycle or car).
Another question, I saw a 250r on sale on CL and the guy said he still owed money on the bike and needed the money first so he could pay off the loan before transferring the title. I think anyone would be stupid to go through a buy like that.
If someone owes money on their loan, couldn't you go into the bank with them and make the transaction and have the bank transfer the lien to you?