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Where to buy repossessed boats

 
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Vote:
Asked by
Alva


Repossessed boats owned by banks and credit unions near ottawa il
87     In Repossessed

Industry Experts


  1. Campus Location Monte Ahuja Hall, Room 119 2160 S. First Avenue Maywood, IL 60153 732-216-1900 advisings@csuohio.edu
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Efrain

"Where to buy repossessed boats..."



Try the Midwest Marine Repo Center. or if you do a google search - I`m sure you can find plenty of places. Beth Rosenberg Associate Editor Soundings-Trade Only 860-767-3200 ext. 290 10 Bokum Road Essex, Conn. Where to buy repossessed boats. Your insight into what would be the best way to proceed would be much appreciated.

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3.0

 

"Repossessed boats are not easily accessible since bank hire repo outfits to handle their..."



Again, Bank Repossessed boats are not easily accessible since bank hire repo outfits to handle their repos.  Then they're taken directly to a local boat dealer or auction house where they're sold at whatever the bank lets it go for.  In some cases local banks or credit unions will auction the asset themselves but it's rare.

www.BoatAuctionsDirect.com has a great time saving resource geared to locating repo boats.  Otherwise its a time consuming endeavor to DIY.

 


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2.0

 

Jon

Q. What is the best place to buy repossessed boats?


"What is the best place to buy repossessed boats..."


Using your local Yellow Pages, look up and call your area banks and credit unions, asking them if they have any repo boats. Also, call all the marinas and boatyards in your area, asking them if they have any auctions coming up. That is what I would do. What is the best place to buy repossessed boats. I know you are probably very busy but I was hoping you could give me a couple pointers. Net at http://www. net .

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Powered by

Q. Where can you buy repossessed boats? any website suggestions?


http://www.yachtauctions.com/

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Powered by

Q. Where can i find repossessed boats in minnesota?
i want to buy a repossessed boat for a great price, any help?


"Find out what loan companies are financing boats from dealers and..."



Find out what loan companies are financing boats from dealers and leave your name for a call list with them. Go to local banks and do the same. That way your on the ground floor with no middle men.

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Q. Repossessed wakeboard boats?
hi im looking to buy a wakeboard boat and was told i could buy a repossessed one. i did a little searching and couldnt really find anything. could anyone help? i want to buy a mastercraft or a nautique newer models plz. if you can just show me a site where they have these types of boats plz tell me! the boats must be in the us.


"Repossesed and insurance claimed boats...."



check out ebay, best place to find a boat like that. Also look up,,,,,usauctions.com. This is a websit for liquadated, repossesed and insurance claimed boats.

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Q. Information on buying a repossessed car from a bank or financial institution?
in this catastrophic economic environment, banks and finance companies are being forced to repossess cars, boats and motorcycles by the hundreds each month. where do i find out about how to purchase a repossessed vehicle? thank you in advance.


"Depends on the auction company selected by the bank..."



Most are sold at auction. Some at public auctions, some at dealer-only auctions. Depends on the auction company selected by the bank. Here's more details: http://www.used-car-advisor.com/repossessedcars.htm .

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Q. Can a boat purchased on a revolving credit account be repossessed?
i bought a boat, and for financing they set me up with the boat's financing company with a revolving credit account. if i am unable to pay on that account, will they repossess the boat? or moreso, if i go to debt mediation, can i get a settlement amount and then pay that off and keep the boat?


"They can repo it...."



If it's not a Visa or Master card then if you default, they can repo it.

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Q. I loaned some one money to buy a boat. this person failed to meet the requirements of the contract. what can i
my boyfriends son needed money for the purchase of a boat. i loand him the money and made up a contract with him for repayment . the boat was put up as colateral and i have a lien on the boat. he has failed to meet the requirements of the contract and has missed 6 months worth of payments . i want to repossess my property, how do i as an indivigual go about this? i live in kailua kona , hawaii, 96740.


You go to his house hook up to the boat and leave.

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Q. Selling my boat to a person and "carrying the paper" for the loan?
i am selling my boat to an individual and he would like to make payments to me instead if getting a loan. i already have a promissory note and a bill of sale. i was wondering if i keep the pink slip in my name and just give him the registration and the bill of sale? do i add myself as a lien holder somehow on the pink slip. when you buy a car, you don't get the title till the loan is all paid off. i want to make sure the liability is transferred from me as the boat owner to him (the new owner) i will still be able to repossess the boat in case he misses a payment. just curious and help would be much appreciated. i own the boat outright and will have the individual list me as an additional insured on his policy. it is a bayliner 245. if the boat is damaged, he will be liable for it as he will have a loan that he will need to pay off with me.


"He could trash the boat while he has it so if..."



I have got to agree on this one. Why should you hold the note? Now even if you protect yourself and are listed as the lien holder, he could trash the boat while he has it so if he defaults AND you manage to find him to get the boat back (getting it back could be a big battle) the boat could be worthless. Best to let him get a loan and you get your money.

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Q. I'm italian... someone can help me?
i must do a summary of the following text... but i don't understand all... someone can tell me the key points... the party's over, even for the superrich. high-net-worth individuals, who lived on a scale most of us can't imagine—private jets; megayachts; third, fourth and fifth homes; gleaming amex black cards with no limit—are seeing their credit-card bills come due. so they're cutting back, in their own way, by selling the boat, buying ready-to-wear instead of couture and giving up iranian caviar for breakfast—baby steps. it might sound ridiculous, but they've got to start somewhere. of course, they don't exactly qualify as wal-mart shoppers yet; the ultrawealthy are still ultrawealthy, just slightly less so. in terms of buying power, they remain a force to be reckoned with—and for luxury conglomerates, a demographic to be even more aggressively courted. but the nouveau expenditures of recent memory seem a little gauche when your housekeeper just had her house repossessed and your pool boy is drowning in debt. a new era of less obvious luxury is about to be ushered in, the kind that walks softly and doesn't carry an oversize, logo-covered stick. foreshadowed by the success of ahead-of-the-curve brands like bottega veneta, we can expect the luxury industry to attempt an overnight transformation to understatement. for starters, consumers would be well served to cut out overtly branded handbags with outrageous price tags. "it" bags haven't been where it's at for a while now, and those who continue to carry them look more like fashion victims than trendsetters. the only markets where they continue to be status symbols are in those that are relatively insulated from the financial meltdown, like the middle east, russia and india. although their markets and currencies are being battered, they still have vast reserves of newly minted wealth waiting to be spent, and a burning desire for obvious symbols to affirm their new status. for the rest of the world, however, it's a good time to get back to basics, and with handbags it doesn't get much simpler than the classic tote. the platonic ideal of carryalls, tote bags can range from humble to haute, but whatever the price point, they share an essential shape that marries classic form with practical function, such as schlepping stacks of bills from the bank to stuff under your mattress. l.l. bean makes a no-nonsense canvas model for under $20, and anya hindmarch's collectible "i am not a plastic bag" styles are now running upwards of $100 on ebay—quite a mark-up from the less than $10 they originally cost. those who can't bear to carry something common can opt for hermès' garden party tote in canvas and grain leather that sells for approximately $1,600, giving the bearer subtle bragging rights without any tacky logo overload. when it comes to clothing, it's less clear what to wear when the world appears headed for the poorhouse, but a safe guideline seems to be that if people can easily identify your outfit's price tag, then it's time to change. the legions of wealthy women who typically rely on fashion titles like vogue and harper's bazaar for sartorial guidance should check out the masterful creations from indian designer sabyasachi, who shows in both mumbai's and new york's fashion weeks and retails in a number of important boutiques around the world. both his indian and western collections manage to imbue a humble rural esthetic with the kind of effortless style that the upper classes are constantly straining to achieve. he pairs a sophisticated color palette and print sense with traditional hand embroidery in earth tones and antique gold, instead of excessive eveningwear covered in diamanté and in-your-face sequins. sabyasachi finds beauty in the everyday people who are all too often dismissed by the upper classes. his creations serve as a reminder that today's masters of the universe might soon become the little people they've grown used to ignoring, so it might be smart to start looking the part. given the level of anxiety in the air, it wouldn't be surprising if former big spenders have lost their appetite for michelin-starred meals, which can run into the thousands. with a bit more effort, however, and an open mind, foodies can still eat like kings, and in the process get a little healthier by forgoing fancy restaurants for a local farmers market. cheaper than organic grocers like whole foods, farmers markets cut out the middlemen while offering fresher produce. if you have a hard time swallowing the idea of preparing your own food, consider the example of jamie oliver, who has advocated this kind of diy high-style approach for years—and made millions off it. the telegenic british chef has not only expanded his chain of italian restaurants but has also taken to promoting wholesome, back-to-basics eating through a national chain of food centers that offer lessons in cooking and nutrition. once the simple high life becomes routine, th this is the link of the article... this is the link of the article... http://www.newsweek.com/id/172621


"Sold at a reasonable price instead of buying ready made meals from middle men..."



I have worked on your question several hours ago and tried to post it from my computer but for some reason Yahoo keeps on rejecting it because it is having temporary problems. I am writing this on someone else's computer. If it works, I will come back to you later from mine, where I have saved the résumé. Paragraph one: After a period when very rich people bought extremely expensive things, their expenditure has had to diminish, and some have even had to sell some of their most valuable possessions, or buy mass made clothing rather than haute couture. It does not mean they buy the cheapest things (Wal-mart sells very cheap clothes) or that they are poor but they have had to be more careful with their money. Paragraph two: Though they still spend money, they are less ostentatious about what they buy because it looks bad when other people are so destitute that they are losing their homes. So manufacturers of luxury goods and famous brands have to produce more discrete things as a result. Paragraph three and four: Only in very few countries that are still very rich like Middle East states, or in poorer countries like Russia and India that have always favoured flashy goods, is it still possible to display extreme exterior signs of wealth without being frowned upon. For people who are not rich the best course is to go back to basic useful goods and not buy things because of their fashion image. For those that can afford higher prices they can still buy elegant and costly goods without showing an extravagant label. The example given is that of handbags which had become a wealth statement due to their high priced labels, and there has been a counter movement in that some people are buying cheap bags that make a simple statement and are more practical. Paragraph five: The same thing applies to clothing. It is now in bad taste to wear labels that show how much money you have spent on clothes because they appear in fashion magazines. Sparkly clothes that are covered in costly and labour intensive decorations are out. Truly smart people have always tried to look chic without being showy and elegance lies in more muted tones and simpler uncluttered styles. Paragrapgh six: People who used to spend a fortune in highly rated restaurants because of their elaborate cooking and recherché dishes are less likely to go to there as often. It is still possible for people who like good food to eat well and they can buy decent food from farmers markets where fresh ingredients are sold at a reasonable price instead of buying ready made meals from middle men . The British chef Jamie Oliver has made a fortune demonstrating that, with a little effort, traditional home-made food can be delicious and is healthier. **************************************... This has taken some considerable time as your text is long, but I hope that I have explained things clearly and simply enough for you.The seventh paragraph seems to have disappeared mid-sentence, so I cannot be of further help.

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Q. Can you do a summary?... please...?
the party's over, even for the superrich. high-net-worth individuals, who lived on a scale most of us can't imagine—private jets; megayachts; third, fourth and fifth homes; gleaming amex black cards with no limit—are seeing their credit-card bills come due. so they're cutting back, in their own way, by selling the boat, buying ready-to-wear instead of couture and giving up iranian caviar for breakfast—baby steps. it might sound ridiculous, but they've got to start somewhere. of course, they don't exactly qualify as wal-mart shoppers yet; the ultrawealthy are still ultrawealthy, just slightly less so. in terms of buying power, they remain a force to be reckoned with—and for luxury conglomerates, a demographic to be even more aggressively courted. but the nouveau expenditures of recent memory seem a little gauche when your housekeeper just had her house repossessed and your pool boy is drowning in debt. a new era of less obvious luxury is about to be ushered in, the kind that walks softly and doesn't carry an oversize, logo-covered stick. foreshadowed by the success of ahead-of-the-curve brands like bottega veneta, we can expect the luxury industry to attempt an overnight transformation to understatement. for starters, consumers would be well served to cut out overtly branded handbags with outrageous price tags. "it" bags haven't been where it's at for a while now, and those who continue to carry them look more like fashion victims than trendsetters. the



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