Posted by BLDFW on June 07, 2009 at 09:41:07 from (70.247.98.134):
Hi Folks,
My family has 52 acres of partial forested land near Waco, TX, and about 5-7 acres need (or should) mowing. Since I'm now responsible for upkeep and possible sale down the road, I've been shopping around for a tractor (my first).
I found a '52 8N in decent shape yesterday. The rear tires need to be replaced (either new or used) and it will some minor adjustments. After inspecting it I made a verbal offer which was accepted. Even if I went with new tires and were to sell it later, I will still be in the black. I'm due to pay for it and pick it up this week.
The guy facilitating the sale is doing so on behalf of a woman going through a divorce so he"s not the true owner. While I think he's an honest individual, given the prevalence of scammers these days, it"s better to be safe than sorry. When I made the offer, it was at the end of a long day so it didn't occur to me at that moment to ask what kind of ownership documentation is the norm for a 57yo tractor.
Can someone enlighten me as to what kind I documents I should get or have to prove ownership? What's the norm?
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