Before you say anything, I know I'm an idiot.
I bought a mustang last month, early july I think. Anyway, the guy had just transferred the title to his self, he had been sitting on it for awhile. he tells me he will send the title as soon as he gets it. I ran a carfax, and the car has a clean title, which he confirmed. I have his old plates and his registration, and the reciept from when he transferred the title. I also had him sign a contract which states basically if I don't get a clean title to this car he will refund the purchase price and come get the car. We both signed the contract and had 2 witnesses sign also (my friend and his friend). The problem is, I haven't got the title yet and somethings up. First, he gets it from the state and supposedly sends it, but after I call to tell him I haven't got it, it was returned to him because the address was wrong or some crap. (He only has my address on like 5 pieces of paper, but whatever) So he gets my address (again) and mails it last thursday. Today is wednesday and no title. I called him back and he says he hasn't seen it either, that he mailed it. I only live about 8 hours from this guy, so the mail shouldn't take very long. I get the sinking feeling I am getting shafted here. I know with the contract that worst case scenario he will have to buy it back, but I don't want to do that. If he physically lost the title, what do we do? What else can I do? I called the motor vehicle dept. for his state, and they confirmed that they sent the title to him. What should I do?
I bought a mustang last month, early july I think. Anyway, the guy had just transferred the title to his self, he had been sitting on it for awhile. he tells me he will send the title as soon as he gets it. I ran a carfax, and the car has a clean title, which he confirmed. I have his old plates and his registration, and the reciept from when he transferred the title. I also had him sign a contract which states basically if I don't get a clean title to this car he will refund the purchase price and come get the car. We both signed the contract and had 2 witnesses sign also (my friend and his friend). The problem is, I haven't got the title yet and somethings up. First, he gets it from the state and supposedly sends it, but after I call to tell him I haven't got it, it was returned to him because the address was wrong or some crap. (He only has my address on like 5 pieces of paper, but whatever) So he gets my address (again) and mails it last thursday. Today is wednesday and no title. I called him back and he says he hasn't seen it either, that he mailed it. I only live about 8 hours from this guy, so the mail shouldn't take very long. I get the sinking feeling I am getting shafted here. I know with the contract that worst case scenario he will have to buy it back, but I don't want to do that. If he physically lost the title, what do we do? What else can I do? I called the motor vehicle dept. for his state, and they confirmed that they sent the title to him. What should I do?