Next message: James Wood: "lv-ab: Bank repo's"
"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. "
But if you already have 80 to 90% of the price, and you DON'T GIVE IT BACK if they default - just repossess the boat when they miss a payment, I'd think that would be win-win situation for the seller.
grandma Rosalie, CSY 44
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