Foreclosed/Repo'd sailboats - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 12-15-2008
PermaLivin's Avatar
Gulf Coast Sailing Club
 
Join Date: Dec 2008
Location: Naples, FL
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
PermaLivin is on a distinguished road
Send a message via Skype™ to PermaLivin
Foreclosed/Repo'd sailboats

Cash strapped as most folks are now, I had an idea. Since so many homes are going into foreclosure, I thought there just had to be lots of boat loans being defaulted on as well. Is there a website like Sailnet, or other great location for finding a sailboat that got repo'd? Or a sailboat auction down here in SW Florida somewhere? I'd like to buy a liveaboard cruiser, trans-atlantic capable, 39 to 49 feet LOA. I'm starting to see 30ft racer/daysailers now in the $7500 range, so even the retail market is starting to look a lot brighter for me. I hope I'm in the right place for this, if not I sincerely apologize. Thanx for any direction you can provide -ken
Reply With Quote Quick reply to this message Share with Facebook
  #2  
Old 12-15-2008
mrwuffles's Avatar
Senior Member
 
Join Date: Sep 2008
Posts: 702
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 7
mrwuffles is on a distinguished road
Ask Bene505 I know his boat was repoed he got it from a company that specializes in that I think. But he would be a good place to start
__________________
What's a signature?????
Reply With Quote Quick reply to this message Share with Facebook
  #3  
Old 12-15-2008
PermaLivin's Avatar
Gulf Coast Sailing Club
 
Join Date: Dec 2008
Location: Naples, FL
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
PermaLivin is on a distinguished road
Send a message via Skype™ to PermaLivin
thanx mrwuffles :)

i just contacted bene505 thru a diff thread, thanx for the tip
-ken
Reply With Quote Quick reply to this message Share with Facebook
  #4  
Old 12-15-2008
Bene505's Avatar
Glad I found Sailnet
 
Join Date: Jul 2008
Posts: 3,718
Thanks: 6
Thanked 42 Times in 41 Posts
Rep Power: 8
Bene505 will become famous soon enough Bene505 will become famous soon enough
I posted something about searching for a repo-ed boat. That was a few weeks back. I'll see if I can find the post.
Reply With Quote Quick reply to this message Share with Facebook
  #5  
Old 12-15-2008
Bene505's Avatar
Glad I found Sailnet
 
Join Date: Jul 2008
Posts: 3,718
Thanks: 6
Thanked 42 Times in 41 Posts
Rep Power: 8
Bene505 will become famous soon enough Bene505 will become famous soon enough
Quote:
Originally Posted by Bene505 View Post
I posted something about searching for a repo-ed boat. That was a few weeks back. I'll see if I can find the post.
It's post #8 in this thread:

Used sailboat prices

I was not in search of a repo-ed boat, but came across some and realized that they were a way to get a lot for the money. So my boat search process included some repo-oriented searches. (Not that I necessarily used any of the searches in the end. I think I already found my boat by the time I started these searching techniques. Note that they are a good way to see what the minimum prices are for the boats that you see.)

Happy hunting!

Here's the post:

Quote:
Originally Posted by Bene505 View Post
Check for Repo sailboats. Part of my 6 month search included searching Yachtworld for keywords related to that. Use the advance search and put words like these into the Keyword field: bank, repo, repossessed, repossession. (I used to do mis-spelling variations, if memory serves, but now YW corrects my intentional mis-spellings. My theory is that better deals may be found when you're one of the few people finding the misspelled listings. )

I think you have to use one keyword at a time. I don't remember if there's a way to OR them.

I just tested out some keywords:
- Using "bank", I got 148 sailboats
- Using "repo", I got 10 sailboats
- Using "repossessed", I got 1 sailboat
- Using "repossession", I got 2 sailboats

Try other keywords too:
- Using "motivated", I got 334 sailboats
- Using "bankruptcy", I got 1 sailboat (and a different one for "bankrupt")
- Using "forced", I got 55 sailboats

Hope that helps.

Last edited by Bene505; 12-15-2008 at 05:13 PM.
Reply With Quote Quick reply to this message Share with Facebook
  #6  
Old 12-15-2008
PermaLivin's Avatar
Gulf Coast Sailing Club
 
Join Date: Dec 2008
Location: Naples, FL
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
PermaLivin is on a distinguished road
Send a message via Skype™ to PermaLivin
bingo! never even used yachtworld before, but they seem to have a great listing. varying my search terms yields all kinds of models. i wish i could do an asc/desc on the column headers, but oh well, i'll just page thru their results. i see a jeanneau 44 in there for $89K, not bad. can't wait to see the economy collapse a bit more a drag those prices down even more, give me more to choose from. thanx SOOOO much!! -ken
Reply With Quote Quick reply to this message Share with Facebook
  #7  
Old 12-15-2008
Zanshin's Avatar
Senior Member
 
Join Date: Aug 2006
Location: Germany
Posts: 2,206
Thanks: 0
Thanked 15 Times in 15 Posts
Rep Power: 9
Zanshin is on a distinguished road
I just test sailed and surveyed a Jeanneau 49" bank reposessed boat that is selling for a very good price and will most likely buy it and move aboard by Friday.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Quick reply to this message Share with Facebook
  #8  
Old 12-15-2008
PermaLivin's Avatar
Gulf Coast Sailing Club
 
Join Date: Dec 2008
Location: Naples, FL
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
PermaLivin is on a distinguished road
Send a message via Skype™ to PermaLivin
Congratulations! How did you find it?? Thanx
-ken
Reply With Quote Quick reply to this message Share with Facebook
  #9  
Old 12-15-2008
Bene505's Avatar
Glad I found Sailnet
 
Join Date: Jul 2008
Posts: 3,718
Thanks: 6
Thanked 42 Times in 41 Posts
Rep Power: 8
Bene505 will become famous soon enough Bene505 will become famous soon enough
Quote:
Originally Posted by PermaLivin View Post
bingo! never even used yachtworld before, but they seem to have a great listing. varying my search terms yields all kinds of models. i wish i could do an asc/desc on the column headers, but oh well, i'll just page thru their results. i see a jeanneau 44 in there for $89K, not bad. can't wait to see the economy collapse a bit more a drag those prices down even more, give me more to choose from. thanx SOOOO much!! -ken
Is that the one in Maryland? If so, it was for sale back in June/July. It doesn't seem to be moving at that price.
Reply With Quote Quick reply to this message Share with Facebook
  #10  
Old 12-15-2008
PermaLivin's Avatar
Gulf Coast Sailing Club
 
Join Date: Dec 2008
Location: Naples, FL
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
PermaLivin is on a distinguished road
Send a message via Skype™ to PermaLivin
yeah, i'll probably find one mid next year, maybe april or may though. the prices are going to start dropping faster soon, and i'll have more to choose from by then too as things get worse. i need to beat the inflation thing tho too, i have a feeling we're going to see hyperinflation in this country within the next year and a half so i need to purchase at least within the next year at the very very most. -ken
Reply With Quote Quick reply to this message Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
A List of ALL sailboats made with layouts? Myblueheaven Boat Review and Purchase Forum 8 10-08-2010 12:32 PM
Steel Sailboats - Opinions of Owners and Others stipakb Boat Review and Purchase Forum 4 01-21-2009 10:58 PM
Shallow keel sailboats merttan Learning to Sail 8 10-23-2007 07:26 PM
9 hoisted from NC sailboats as winds hit hurricane force - Wilmington Morning Star NewsReader News Feeds 0 05-08-2007 08:15 AM
Coast Guard rescues 9 from storm-tossed sailboats off coast - KGAN NewsReader News Feeds 0 05-07-2007 09:15 PM


All times are GMT -4. The time now is 07:43 PM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.