What to do with boat with no title and bank doesnt want??!!
03-01-2011 | 10:46 AM
#1
Thread Starter
Were doomed!
Joined: Oct 2000
Posts: 7,092
Likes: 1,386
From: Chicago, IL
What to do with boat with no title and bank doesnt want??!!
A friend of mine in Tampa met a neighbor this past weekend and they got to talking and turns out the neighbor has a seadoo jetboat that he doesnt want. He went to the bank to give it back to them cause he cant aford to pay for it but they said dont want it!! 
Its been sitting in his garage for 8 months now with no peep from bank? He stopped paying for like a year ago and nothing!! Any way of getting the title from the bank in this case? I'd love to get my hands on this model...
Its been sitting in his garage for 8 months now with no peep from bank? He stopped paying for like a year ago and nothing!! Any way of getting the title from the bank in this case? I'd love to get my hands on this model...
__________________
-Wally
Money can't buy happiness, but it can buy horsepower. And I've never seen a sad person hauling a$$!
-Wally
Money can't buy happiness, but it can buy horsepower. And I've never seen a sad person hauling a$$!
03-01-2011 | 10:52 AM
#2
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Joined: Jan 2001
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From: Edgerock Baby!!
I would suppose you could pay them what he owes.
03-01-2011 | 10:54 AM
#3
Banned
Joined: Sep 2007
Posts: 12,849
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From: Frankfort,ill
walk in the bank and write them a check ,and release the lien & you leave with a title. sounds pretty easy
03-01-2011 | 10:59 AM
#4
Thread Starter
Were doomed!
Joined: Oct 2000
Posts: 7,092
Likes: 1,386
From: Chicago, IL
i'm not gonna pay off an note for almost 25k when the same model can be bought out there for under 15 right now!!
__________________
-Wally
Money can't buy happiness, but it can buy horsepower. And I've never seen a sad person hauling a$$!
-Wally
Money can't buy happiness, but it can buy horsepower. And I've never seen a sad person hauling a$$!
03-01-2011 | 11:56 AM
#6
Frank's Marine Service
Joined: Sep 2002
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From: Elkton, MD
03-01-2011 | 12:09 PM
#8
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Joined: Jan 2005
Posts: 3,570
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From: Pasadena, MD
Like said, go low ball them an offer (real low). If they want it off their books they will take it.
03-01-2011 | 12:12 PM
#9
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From: Baton Rouge/Loto Camden
03-01-2011 | 12:12 PM
#10
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Joined: Jul 2006
Posts: 160
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From: Corsicana, TX
Odds are they will take a low offer or at least counter. A friend of mine did the same thing with a bass boat that was owed 16K he paid 3k and the bank said they would have gone lower if he had offered less! It's worth a try.
