I'd rather be sailing
Join Date: Jul 2006
Location: The state of s/v/ Pelican
Thanked 3 Times in 3 Posts
Rep Power: 11
Thanks CD... I'm glad to be trying to sell a boat right now... NOT!
Here's one other gotcha with regards to loans... With all of the problems in the industry right now due to sub prime lending failures, banks are being very cautious in lending money. 3-4 months ago, I could have walked into any number of banks to get my loan for the boat we're buying. Today, it took me about 12 banks before I could find one willing to write the loan.
s/v "Pelican" Passport 40 #076- Finished Cruising - for the moment -
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"Don't dream your life, live your dream" - Bob Bitchin'
"I'll see it when I believe it" - Me