Wanted: Take Over Your Payments 40'+ - Page 2

witzgall · 12-05-2009, 21:01

Good luck, you may find what you are looking for. Just my 2 cents, why do you think you NEED a 40' cat? You can fit a two kids and two adults in a much smaller, manageable and less costly boat.

Chris

G-Family · 13-05-2009, 13:15

We may consider a smaller Cat but we have been on a 43' cat and we enjoyed it...Plus with a 2 year old and a 7 year old, space is a must!!! LOL

LeftRoamin · 27-05-2009, 08:06

Quote:

Originally Posted by G-Family

We may consider a smaller Cat but we have been on a 43' cat and we enjoyed it...Plus with a 2 year old and a 7 year old, space is a must!!! LOL

Ha Ha .... hmmmm .... with a 15-18 motion comfort ratio, it would seem to me that "space is a must" not leave the dock situation with a 2 year old and a 7 year old in a multi-hull (IMHO).

witzgall · 13-05-2009, 13:52

Well;
Space is nice, but you might be surprised how much space you really need to be safe and comfortable. Are you at the beginning of your sailing career, and boat search? I ask because the first boat we looked at was a 47' beauty. We bought a 32' monhull for 20k, and it is enough space for us. When we first bought it I was not so sure, but now I can say that we needed MUCH less space than we originally thought.

Search the web for Dave and Jaja Martin. They circumnavigated in a 26' boat, having two kids on the way, and then cruised the higher latitudes with their THREE kids on a (spacious) 33 footer. They have a great book, "Into the Light" and a DVD as well.

Another source - "the Cruising Life", by ???. We picked up a copy of this at Boarders.

Chris

Atlantic42 · 29-05-2009, 16:28

How about a 36' PDQ extended to 39'. It's 10 years old, but was lightly used and has new in 2008/2009 upholstery, varnish on floors, fridge, windlass, SSB, Huge below decks autopilot, batteries, charger, inverter, etc, etc. Totally refit. Asking $179 which is well under market as we just bought another boat and now own two! Take a look. www.PDQ36.blogspot.com

seajoy · 02-06-2009, 15:44

Hello G-Family.
We consider selling our 2007 Leopard 46', owners version, generator, AC, watermaker, and so much more, currently located in the BVIs.
Let us know if you are interested.

LTGoshen · 03-06-2009, 20:09

Ye yea We get it you need a Good Deal.
Hahahahahaha Me to .
Good Luck. I do think you will find somone in a bind that will take you up.

Cheers
LT.

KelKat · 28-10-2009, 14:40

I think this is a great idea and could produce the perfect situation to benefit both parties. Particularly for a family like us who are saving for our live aboard dream as well as for a boat owner that’s strapped and stuck with a boat payment they can’t afford and a boat that won’t sell for a price to cover the loan balance + brokerage fees.
Heck, if y’all know of anyone in this situation with 36’ to 42’ blue water catamaran with decent head room and accommodations for a family of 4, who could use someone to take over their boat loan, let me know.

Also, G-Family, if you’ve had to pass on any takers, please send them my way.

Stillraining · 28-10-2009, 15:06

Hey...why not consider a mono hull...Iv got a 41 footer...it will be almost completely gone through when I'm done here this spring so lets call it a 83/10...lets see my payments..Hmmm....what should I make them...OH ya...6000.00 per month plus insurance...you can have it for 18 months.

I think you have a great idea myself..Good luck.

KelKat · 28-10-2009, 15:41

I don't know about G-Family but my intent would be to own the boat at the end of the term. No long-term charters for this family.

Stillraining · 28-10-2009, 22:34

Quote:

Originally Posted by KelKat

I don't know about G-Family but my intent would be to own the boat at the end of the term. No long-term charters for this family.

Then make it 12,000 per month and we have a deal..

ejlindahl · 28-10-2009, 22:56

This is an old post. I took the intent of the IP as an out right purchase. Where the buyer takes over the loan with a title transfer and no pay off/equity to the seller, or maybe the IP simply refis and pays off the original loan and takes title as above.

Well I'll throw my hat in the ring. Anyone out there want to get out from under their payments on a 40-45' cat? I have cash, but not for a Gunboat, dang. Contact me

Hey G family did it work out for you? Did you get a boat this way?

Eric L.

Stillraining · 28-10-2009, 23:03

Quote:

Originally Posted by ejlindahl

This is an old post.

10 Browne points

Quote:

Originally Posted by ejlindahl

I took the intent of the IP as an out right purchase.

Read it again ....it was an either or proposal..mostly wishful thinking on the ownership end.

Like the old saying goes...It never hurts to ask ..........just be prepared for the answers.

MarkJ · 29-10-2009, 00:28

Quote:

Originally Posted by ejlindahl

I took the intent of the IP as an out right purchase. .

I took it as outright fraud.

But they say a sucker is born every minute.

..... and the spivs have to find them.

Flatsflyer · 28-10-2009, 17:51

What prevents someone from "taking" over your payments, skipping the country with you boat? Your bank still has you on the hook for the loan and now your out your boat as well. Just too many potential problems, insurance, registration, documentation, yard leins, just to mention a few. My take is very simple unless you get a "ton" of collateral an excellant credit check and a few pounds of great referrences, forget about it.

28-10-2009, 15:06	#9
Stillraining Registered User Join Date: Oct 2008 Location: Puget Sound Boat: Irwin 41 CC Ketch Posts: 1,014	Hey...why not consider a mono hull...Iv got a 41 footer...it will be almost completely gone through when I'm done here this spring so lets call it a 83/10...lets see my payments..Hmmm....what should I make them...OH ya...6000.00 per month plus insurance...you can have it for 18 months. I think you have a great idea myself..Good luck. __________________ "Go simple, go large!". Relationships are everything to me...everything else in life is just a tool to enhance them.

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12-05-2009, 21:01	#1
witzgall Registered User Join Date: Oct 2006 Location: Apex, NC Boat: Westerly Fulmar 32 - Jubilee Posts: 551	Good luck, you may find what you are looking for. Just my 2 cents, why do you think you NEED a 40' cat? You can fit a two kids and two adults in a much smaller, manageable and less costly boat. Chris

13-05-2009, 13:15	#2
G-Family Registered User Join Date: May 2009 Location: Orlando Posts: 6	We may consider a smaller Cat but we have been on a 43' cat and we enjoyed it...Plus with a 2 year old and a 7 year old, space is a must!!! LOL

13-05-2009, 13:52	#4
witzgall Registered User Join Date: Oct 2006 Location: Apex, NC Boat: Westerly Fulmar 32 - Jubilee Posts: 551	Well; Space is nice, but you might be surprised how much space you really need to be safe and comfortable. Are you at the beginning of your sailing career, and boat search? I ask because the first boat we looked at was a 47' beauty. We bought a 32' monhull for 20k, and it is enough space for us. When we first bought it I was not so sure, but now I can say that we needed MUCH less space than we originally thought. Search the web for Dave and Jaja Martin. They circumnavigated in a 26' boat, having two kids on the way, and then cruised the higher latitudes with their THREE kids on a (spacious) 33 footer. They have a great book, "Into the Light" and a DVD as well. Another source - "the Cruising Life", by ???. We picked up a copy of this at Boarders. Chris

29-05-2009, 16:28	#5
Atlantic42 Registered User Join Date: May 2009 Location: Sailing around the world Boat: Chris White Atlantic 42 - LightSpeed Posts: 54	How about a 36' PDQ extended to 39'. It's 10 years old, but was lightly used and has new in 2008/2009 upholstery, varnish on floors, fridge, windlass, SSB, Huge below decks autopilot, batteries, charger, inverter, etc, etc. Totally refit. Asking $179 which is well under market as we just bought another boat and now own two! Take a look. www.PDQ36.blogspot.com

02-06-2009, 15:44	#6
seajoy Registered User Join Date: Feb 2008 Posts: 22	Hello G-Family. We consider selling our 2007 Leopard 46', owners version, generator, AC, watermaker, and so much more, currently located in the BVIs. Let us know if you are interested.

03-06-2009, 20:09	#7
LTGoshen Registered User Join Date: Nov 2008 Location: Georgia Boat: 18' Wellcraft Posts: 20	Ye yea We get it you need a Good Deal. Hahahahahaha Me to . Good Luck. I do think you will find somone in a bind that will take you up. Cheers LT.

28-10-2009, 14:40	#8
KelKat Registered User Join Date: Oct 2009 Location: California Boat: Dreaming of our liveaboard cat Posts: 2	I think this is a great idea and could produce the perfect situation to benefit both parties. Particularly for a family like us who are saving for our live aboard dream as well as for a boat owner that’s strapped and stuck with a boat payment they can’t afford and a boat that won’t sell for a price to cover the loan balance + brokerage fees. Heck, if y’all know of anyone in this situation with 36’ to 42’ blue water catamaran with decent head room and accommodations for a family of 4, who could use someone to take over their boat loan, let me know. Also, G-Family, if you’ve had to pass on any takers, please send them my way.

28-10-2009, 15:41	#10
KelKat Registered User Join Date: Oct 2009 Location: California Boat: Dreaming of our liveaboard cat Posts: 2	I don't know about G-Family but my intent would be to own the boat at the end of the term. No long-term charters for this family.

28-10-2009, 22:56	#12
ejlindahl Registered User Join Date: Aug 2008 Location: Pacific Northwest, USA Boat: A friends 27' Stilletto & my own beloved 19' Lightning Posts: 20	This is an old post. I took the intent of the IP as an out right purchase. Where the buyer takes over the loan with a title transfer and no pay off/equity to the seller, or maybe the IP simply refis and pays off the original loan and takes title as above. Well I'll throw my hat in the ring. Anyone out there want to get out from under their payments on a 40-45' cat? I have cash, but not for a Gunboat, dang. Contact me Hey G family did it work out for you? Did you get a boat this way? Eric L.

28-10-2009, 17:51	#15
Flatsflyer Registered User Join Date: Aug 2009 Location: Palm Coast, Fl. Boat: 1985 CT 35' Trawler Posts: 10	What prevents someone from "taking" over your payments, skipping the country with you boat? Your bank still has you on the hook for the loan and now your out your boat as well. Just too many potential problems, insurance, registration, documentation, yard leins, just to mention a few. My take is very simple unless you get a "ton" of collateral an excellant credit check and a few pounds of great referrences, forget about it.