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Boat without Clear Title

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Old 11-07-2014, 10:40 AM
  #31  
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Run away, lots of other boats out there.....
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Everything is for sale @ a certain $$
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Old 11-07-2014, 10:44 AM
  #32  
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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????
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Old 11-07-2014, 02:26 PM
  #33  
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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!
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Old 11-07-2014, 03:09 PM
  #34  
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Scam.....finding a BAJA is like finding a Red Solo Cup at a Kegger!
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