Gloom and Despair - Seaward is dead
Damn! That sucks.
Were those items listed in his advertisement? All the
articles on selling/buying a boat advise to make crystal
clear what goes and what stays.
Mmmm, I bet a broker could tell you about the bank issue.
Too bad there isn't a real one here.
Scotty
"Scout" wrote in message
...
It looks like the deal on my Seaward is dead. Two
significant occurrences took place.
1. The small issue: The current owner informed me that he
was keeping the anchor, docking lines, and bumpers because
he needs them for his "next boat." It just seemed petty. I
drove 8 hours to look at the boat, and felt that that would
have been a good time to let me know which things I was
inspecting weren't staying. More of a tell-tale, but no real
big deal. However, when someone is handing you a check for
your asking price of nearly $50K, is it then prudent to let
the buyer know that you didn't mean to imply that the
necessary hardware stays with the boat?
2. The big issue: the current owner wants me to pay off his
loan on the boat and wait 2 weeks for the bank to clear the
lien and produce the title. I'm not big on finance but it
didn't feel right to be in limbo for 2 weeks. Can I sail the
boat? Get it insured? Since I am essentially giving the
current owner cash, I feel very vulnerable. I think he is an
honest guy but too much can happen in two weeks, and I don't
have the time or financial and legal expertise to make it
work comfortably for me. I know it can be done, but the
physical miles between us and the small details will surely
become a burden.
Major bummer. Back to the Google Board! ****!
Scout
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