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-   -   Boat without Clear Title (https://www.offshoreonly.com/forums/general-boating-discussion/319920-boat-without-clear-title.html)

Dean Ferry 11-07-2014 10:40 AM

Run away, lots of other boats out there.....

phragle 11-07-2014 10:44 AM

So you have already found out the guys a scammer in the past, yet you want to do money with him.. You realize this is like you putting on bacon earrings and asking Mike Tyson over for dinner????

bobkatz 11-07-2014 02:26 PM

What I have done in the past is to use a bank if there is a lien on something I'm purchasing. No matter the dollar amount of the loan a bank will see that clear ownership will be had when the transaction is complete. Be sure to go with a loan with no prepayment penalty and pay it off when the dust settles. For example - You find a boat with an iffy title for $30K. Go to your bank and borrow $5K, let the bank do the leg work, bank makes sure clear title is available, let the bank put their lien on it for the $5K, pay off the loan one month later and a clear title will show up in your mail box 4 to 8 weeks later. You will have interest expense for a month or two but banks are very good about securing their position leading to clear title. You do not want to get involved in anything with a dirty title. You will spend may years and $'s trying to straighten it out! Good Luck!

cigrocket 11-07-2014 03:09 PM

Scam.....finding a BAJA is like finding a Red Solo Cup at a Kegger!


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