I learned the hard way a long time ago, no title is a deal breaker regardless of price. I've done mechanics Liens to bonded titles and all come with plenty of hassle. Different states have different rules, for instance, Nebraska used to not care about trailer titles, but now are required. I laugh Everytime I see an item for sale, the seller may say "no title", but that it is easy to get? If it's easy, why don't you go get it and ask a bit more money? Like a car with the money light just needs a $5.00 part to fix it? Sorry for the rant, just been burnt too many times with title/registration issues.