2004 35ft Formula Fastech 353 stepped hull with Eagle 12k trailer
#22
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Location: Loxahatchee FL
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Like I previously said I got the boat on the towing/storage lien. I then contacted the bank and negotiated the payoff of the boat loan, which put me as only lien on the title. Applied for FL title and Florida Tax Collector's Ofiice issued it. I have it in hand. This is all legal and standard procedure for towing/recovery/storage business. It is similar to mechanic's lien, that is applied for due to unpaid repair work on vehicle/vessel. The fact that it took me a while to negotiate with the boat loan bank (they would not pay towing/storage bill, and I would not pay off their original loan balance amount). So boat was in limbo of sorts until this all got worked out recently......makes sense?
#23
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[QUOTE=stringer bell;4059337]Like I previously said I got the boat on the towing/storage lien. I then contacted the bank and negotiated the payoff of the boat loan, which put me as only lien on the title. Applied for FL title and Florida Tax Collector's Ofiice issued it. I have it in hand. This is all legal and standard procedure for towing/recovery/storage business. It is similar to mechanic's lien, that is applied for due to unpaid repair work on vehicle/vessel. The fact that it took me a while to negotiate with the boat loan bank (they would not pay towing/storage bill, and I would not pay off their original loan balance amount). So boat was in limbo of sorts until this all got worked out recently......makes sense?[/QUOTE
How come the bank did not give you the title??? you have the paper work stating the lien is fulfilled?
How come the bank did not give you the title??? you have the paper work stating the lien is fulfilled?
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I got 2" stack of papers documenting it all. Bank lien is released and title is in my possession
Bank gave me the MN title, which I took into Tax Collector office to get FL title in my name
Bank gave me the MN title, which I took into Tax Collector office to get FL title in my name
Last edited by stringer bell; 01-19-2014 at 01:29 PM.
#26
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Hopefully your not into what's left of this boat for too much. As your reading from reactions to the condition it looks to be in, there isn't much perceived value there. Selling a Fastech without power is a hard sell, let alone one that looks like its pretty wore out from neglect. Your pictures leave a lot to be desired and do not show any interior or engine bay. The price your looking to get just isn't realistic.
#27
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Hopefully your not into what's left of this boat for too much. As your reading from reactions to the condition it looks to be in, there isn't much perceived value there. Selling a Fastech without power is a hard sell, let alone one that looks like its pretty wore out from neglect. Your pictures leave a lot to be desired and do not show any interior or engine bay. The price your looking to get just isn't realistic.
#29
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i would simply clean the boat up as best as you can .deleat this add and start over.whole bunch of nasayers here all doom and gloom some dont even own boats. ive done 2 compleat formula interiors skins 1 2000 353 - 1 1999 382 $3000 per boat. as for your hull clean it buff it wax it whatever it takes .but i highly dought it needs a $10.000 paint job ,i sold my 382 less engines only w trailer and drives imcos $45.000 .and a 2000 353 missing engines and outdrives had a trailer $30.000. both hulls were nice .and sold to members here as well.a boat is a very expensive upgrade to move up to later model and stepped hull .you will find most here have older small non stepped hulls w big newer power and with a weeks worth of work depending on how much is missing would love to have this hull. hell as an example i just got a 272 formula in trade w new 502s new bravos and trasom assys now this would be a perfect move if i wanted a bigger newer boat . ok guys flame away tell me im wrong how many of us are buried in their boats .we dont all have the $$$$ to just go out and pay cash .guess the moral is the guy may be a little high on price but not 1 person has seen the boat and as far as most are concernd its junk
#30
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And it is true that it could be a very nice hull just in need of a power washing. Soooo......Good luck with the sale. Hopefully you get to clean it up and post some better looking pics.