I would point out that some documentation service companies might well be worth using IF the boat was not documented at the time of purchase. Like title search companies in real estate, some of the documentation service companies will provide you with a list of liens, if any, on the boat's title and provide insurance in the case there are outstanding liens that were missed.
That said, if the boat is currently USCG documented, then getting the USCG documentation transferred is relatively painless and simple. However, be aware that you MUST BE A US CITIZEN to own a USCG documented boat.
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You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
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Still—DON'T READ THAT POST AGAIN.