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escrow when selling a boat

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Old 07-13-2010, 08:06 PM
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I can do it for you. I have a escrow company and have done several in the past years
coll i will let you know interested in how it works too
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Old 07-13-2010, 08:47 PM
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Ill Hold The Money,,,Tiki Bar Anyone>>>>>>>>>>>>>>>>>>
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Old 07-14-2010, 12:09 AM
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all good answers i am going to talk to a lawyer and let him hold all money from buyer and when the boat gets there he can release money too me and than he can give him title i think who the hell knows
You're trusting a lawyer..... mistake #1.
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Old 07-14-2010, 11:58 AM
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Ill Hold The Money,,,Tiki Bar Anyone>>>>>>>>>>>>>>>>>>
lol i here ya
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Old 07-14-2010, 06:25 PM
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wouldnt it be easier (and cheaper) for the guy to fly out to you and check out the boat and sea trial with a surveyor it at your location ??
ALWAYS either spend the $$ to fly and seas trial the boat with your mechanic or surveyor!!! Anything less is pretty stupid on the buyers part. I would only make an exception if you have an extremely close friend near the boat and can rely on them to do right by you and have them inspect and demo the boat.

Intead of using an escrow service, and if you are using financing, have the Marine Finance Company hold the downpayment check until the loan proceeds check is ready to go. I have done this on several occasions for friends who were buying boats. Also, if you are financing make sure you use a very reputible and well respected finance company!

Essex Credit (my company)
Trident Funding
Newcoast Finance
Scott Financial

Stay away from the small "fly by night" companies.
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Old 07-15-2010, 12:58 PM
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thanks dave he is buying from me thats why the escrow its the route he wants to go we have been going back and fourth for weeks with pic and questions he feels ok about it i just neever used a escrow when selling want to understand how it works and is there anyone near brick i can use to do it
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Old 07-15-2010, 01:13 PM
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What part of Washington State is he in?
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Old 07-15-2010, 01:51 PM
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have not got his address yet
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Old 07-15-2010, 02:16 PM
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thanks dave he is buying from me thats why the escrow its the route he wants to go we have been going back and fourth for weeks with pic and questions he feels ok about it i just neever used a escrow when selling want to understand how it works and is there anyone near brick i can use to do it
Checkout: http://www.safefunds.com/
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Old 07-15-2010, 03:38 PM
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looks like is getting a hauler and when he gets here and sees the boat he will wire the fund to my acct and when i see it in my acct i will release the boat and the title
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