national liquidators
#11
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Join Date: Oct 2000
Location: richmond virginia
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I bought a boat from them last year, no problems, I bought it site unseen, my only complant was the bid was suposed to stop on a Monday as published on their site and they ran the bid till Wednesday evening and cost me another 2 Grand, Im sure their are laws against that. I used uship.com to ship it from California to Virginia and had the truck driver check it out for me
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"If Things Seem Under Control, You're Not Going Fast Enough"
Mario Andretti
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The auction that ends up with the collatteral is chosen by their lending institution. So the best auction sales force seems to get the most listings. And if the auction is good at taking care of their customer (the lending institution) they will cont to get business. The actual purchaser is not where there real money comes from. There will basically always be buyers, but they need to have the listings first to sell them.
That being said, the bank does not care really how they handle the sale, just that THEY get the most bang for the buck back out of the collatteral. Or at the very least, the least amount of work to get the money for their collatteral.
I have not dealt directy with the above listed auctions on a purchase, just that our Repo's have been picked up from us, and transported to them for the bank.
That being said, the bank does not care really how they handle the sale, just that THEY get the most bang for the buck back out of the collatteral. Or at the very least, the least amount of work to get the money for their collatteral.
I have not dealt directy with the above listed auctions on a purchase, just that our Repo's have been picked up from us, and transported to them for the bank.