^That's what happened to me when I bought my old 04 TSX. We went to his bank and I brought my cashier check. Then the bank cashed the check, released the title and I left with the key, the title, and the car.
in many states you cant, like NY. when i bought my tsx the guy had to fully clear the loan on the car before he could give me the tittle to sign. its a hugeeeee pain in the ass and i strongly recommend to not do this, just save your self the headache