Two On A Big Ocean The Story of the First Circumnavigation
of the Pacific Basin
in a Small Sailing Ship


      

Other Books by
Hal Roth
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Re: lv-ab: owner financing?

From: Frank Timpano (no email)
Date: Sat Jan 06 2001 - 22:02:35 EST

  • Next message: Starfish Design: "Re: lv-ab: owner financing?"

    At 10:11 AM 1/6/01 -0800, Jim Mitchell wrote:
    >It is quite common - almost expected in some cases - for the owner to
    >'carry' a percentage of the sale price

    I don't think so. Some owners may be desparate to sell a boat this way,
    but as a seller I'd be concerned that the new owner would find some reason
    to withold payment when his "dream boat" is viewed in the light of day and
    doesn't look so great. EVERY boat has problems. As a buyer, you could ask.
    If I was the seller, I'd say no.

    Frank

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