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On Wed, 2 Sep 2009 07:44:05 -0700 (PDT), Tim
wrote: BTW, the boat I consulted you about? They still have it. They've tried to auction it off three times with no takers and won't lower the opening bid. I agree with Wayne - it's most likely that folks are upside down on their boat loan and want to get out of it to break even. When you look at relative values on boats, folks are asking much more than they are truly worth. Which is fine - but don't expect to sell it. If you have to short sale and take the hit, it's better than sitting on something that's just going to **** you off over time. |