Have you ever ordered anything online? The process for this consists of placing the order for the item you want, the seller preparing your item for shipment, then you receiving the item. This is similar to the process of requesting a title service from Big Valley Auto Auction.
Since 2008, Big Valley Auto Auction has followed the proper procedures to help every one of our dealers receive the documents they need to complete their deal on auction day.
In this article, you’re going to learn what title services Big Valley Auto Auction offers, what each service provides, the process for each service, and the fees that are associated with our title services.
After reading this article, you’ll have the information needed to understand our title services, so you can request them on your next auction day.
Big Valley Auto Auction provides 3 different types of title services.
Replacement documents can be affidavits or power of attorney.
A bonded title is given when there is no title for a vehicle. In the event that you lose the title that was given to you and we cannot get a hold of the original owner, a bonded title can be obtained. Also, if you purchase a vehicle without a title, a bonded title may be obtained.
A duplicate title is given when your title is lost or damaged. In the event that a title given to you has been damaged or lost, a duplicate title replacement can be obtained.
The process our title services go through are as follows:
Step 1: The dealer requests the document they need.
Step 2: We give dealers a time frame on how long it will take to receive their document. The time frame usually depends on the type of document. For example, an affidavit can be done within 5 minutes. However, documents like a release of lien, power of attorney, or affidavit for a dealer not registered with us can take a few weeks to obtain.
Duplicate titles are usually requested by the sellers. We go based on their time frame, which could last from 1 week to 6 weeks.
Bonded titles require a scheduled inspection by the Texas Department of Motor Vehicles. You must also pay the bond company for the bond itself.
Step 3: The dealer receives the document.
The length of our title service process depends on the availability of customers or vendors. A normal time frame is 4 to 6 weeks, but it’s possible that it can take longer.
If any issues come up, we use every resource available. We reach out to every party involved, such as dealers, banks, and the DMV, regardless if you are a dealer from Texas or out of state.
We do charge different fees for each of our title services.
Just like ordering something online, requesting one of our title services includes requesting the document, preparation of the document, and receiving the document. Knowing how this process works is essential to having a smooth conclusion to your auction experience.
Whether you’re new to auto auctions or you’re in the final stages of completing your auction journey, you can use this article as a guide to help you navigate through the process.
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