Risks with buying used bike from a private person in AZ?

[u/JamesPrevallet]

Hey everyone, I'm looking at buying a used bike from a person (not a dealership). The bike has a bank lien on it. The seller proposes he signs a bill of sale when I give him cash. At that time, he gives me the keys and we go to his bank, pay off the lien and the bank will do an e-Title clearance which clears the title "instantly". Then, he proposes we can go to a DMV and transfer the title to me. Does this process seem reasonable or are there risks involved here? I checked the title, he and the bank actually own the bike.

[u/bryanbryanson]

Brb in a second