Desperate. Take Over Payments
 

Hi,
If anyone is interested I am close to leting the boat go .I can not aford to keep it with all the medical bills that I have now. So if this interesting to anyone call me Rocky @ 661-510-5049
the boat is listed in the classifieds, the all white one with twin 500s. the payments are $835.00 per month.
Thanks, Rocky

How many years left on the note?

Rocky -

Terribly sorry to hear about your situation. But you need to post how much is owed on the note as you do not want the boat in your name if someone else takes over payments.

If there is an accident, you will be liable as the actual owner.

Figure out what is left on the note and sell it for that or a little more if you can. Do not leave it in your name.

Email me your info, pics and the payoff, maybe I can help a little.

[email protected]

Kirk

19 years left
72k still owed
I might be able to add driver to insurance

check and see if the note on the boat is assumable

wow this sucks. whis i had that kind of cash laying around. thats my dream boat.

99.9% of consumer loans are not assumable, however in this day and age, the bank may make exceptions. May even agree to a short sale with a cash buyer rather than take it back.

its up for the taking, if someone has an idea other then what I have come up with let me know.
Thanks

Wow sorry to hear that..Had no idea the bank would carry paper that long....wonder why we had to bail those guys out...if moneys tight and the pay off is that high...hate to say it. Best option might be to hand it back over to the bank.

Thats a shame man. I have been drooling over this boat for almost a year ever since I first saw it on the Pantera web site.