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I bought a used boat. Estate sale. Looked easy. But I hired out to
handle the paperwork. There were three executors to the estate, in different states, one of whom regularly was in Europe. Getting a proper bill of sale and all the forms signed by everyone took months. But that was only half the story. Turned out the deceased had bought the boat from factory with a mortgage, that was paid off over a decade ago. But the release from lien form was never filed with the documentation center. And turns out that bank merged with another bank which was bought by another bank which danced on a tabletop with yet another financial conglomerate... Finding out just how and from whom to get a piece of payer the doc center would accept took F-o-r-e-v-e-r! the fee I had paid the company was one of the best bargains I ever got in boating. |
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