Join Date: Feb 2010
Location: Narragansett Bay
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Re: What Is A Boat Really Worth?
Escrow accounts are mandatory IMO. For a relatively small fee, they insure all funds and documents are accumulated before disbursing. They will also do title searches and properly file for whatever State or Federal title you're looking for. However, ones I've used required me to do my own registration, which you typically have several months to do.
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In the harsh marine environment, something is always in need of repair. Margaritas fix everything.