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4MM boat auction, no clear title?

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Old 10-12-2010, 03:59 PM
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Default 4MM boat auction, no clear title?

http://yachtauctions.com/listing.php?vessel=5765

See note at bottom:
General Condition: This vessel is being sold subject to all liens and encumbrances. National and Seller does not warrant title free and clear of liens and encumbrances.


Who would buy into this mess?
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Old 10-12-2010, 04:04 PM
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What, no trailer? I am out!!!
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Old 10-12-2010, 04:12 PM
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What, no trailer? I am out!!!
Good one!

So what this is saying is you must pay the note off? Right how does that work? You would think someone spending that much would not owe on a toy! crazy!
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Old 10-12-2010, 04:18 PM
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won't fit in my boat slip...Id have to by a new lift anyway...i think we would all be amazed at what some companies buy and pay notes on to "write off"...not me...gotta own it and not have it own me if things go south!!!
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Old 10-12-2010, 04:28 PM
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Come on, are you really worried about a little piece of paper?! I mean, an extended warranty is available so it must be legit...
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Old 10-12-2010, 04:40 PM
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What, no trailer? I am out!!!
I'm not all that concerned about the trailer, I have a dual axle I think I could stretch and get her home. I'm more concerned if I'd need a dually to pull it, or do you guys think my SRW 2500 would be enough truck?
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Old 10-12-2010, 04:54 PM
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pay cash and take it out of the us
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Old 10-12-2010, 04:56 PM
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pay cash and take it out of the us
Sure as long as the IRS or other govt agencies don't want a piece of it......boat could be a huge headache if they are trying to collect it!
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Old 10-12-2010, 05:26 PM
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I was a player until I saw 3.9 mil minimum bid
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Old 10-12-2010, 06:59 PM
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Looks like whomever owned the thing used it 800 hours on a 07
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