SailNet Community - View Single Post - transfer of documentation
View Single Post
post #9 of Old 02-21-2008
I'd rather be sailing
labatt's Avatar
Join Date: Jul 2006
Location: The state of s/v/ Pelican
Posts: 1,899
Thanks: 0
Thanked 3 Times in 3 Posts
Rep Power: 11
Generally, if you are getting a significant loan to pay for the vessel, the loan company will require you to go through their people to transfer the documentation. When we were looking to buy a Hallberg-Rassy 53 recently, we talked to 8 different brokers. For the amount we were borrowing, every one of them required that we go through their people for the transfer - period. I'm generally pretty good at negotiating, and there was no bargaining here...

s/v "Pelican" Passport 40 #076- Finished Cruising - for the moment -
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
"Don't dream your life, live your dream" - Bob Bitchin'
"I'll see it when I believe it" - Me
labatt is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome