Offshoreonly.com - Looking for a owner financed deal on a Fountain

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Offshoreonly.com (https://www.offshoreonly.com/forums/)

- Fountain (https://www.offshoreonly.com/forums/fountain-37/)

- - Looking for a owner financed deal on a Fountain (https://www.offshoreonly.com/forums/fountain/199074-looking-owner-financed-deal-fountain.html)

Dock Holiday

11-25-2008 07:19 AM

Owner financing on a performance boat that depreciates rapidly and requires a lot of maintenance is a BAD IDEA.

If anything breaks or fails and the repair is more than the investment the buyer has made they will probably give it back and leave you stuck with the bill. I have seen that happen first hand.

PARADISE ISLAND

11-25-2008 08:13 PM

:rolleyes:Mandate insurance payable to you paid by buyer till loan satisfied

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