I would walk away unless the title ends up in your hand at the time of sale. All you have to do is go down to the bank with him and do the whole transaction in their presence. If that is not possible because it is financed by Honda then back away from this deal. Personally I believe Honda finance has all the paper work to complete a transaction like this where you pay the balance directly to them and they mail the title directly to you. It would require research by the one selling the bike and should have been done by the seller before he ever put the bike up for sale. These bikes are not rare and you will find another one. That's my opinion.