Hello, I am the owner of the boat
and I will answer all of your questions.
First of all, the boat is located in Baltimore
Second, if you would like to get the $39,900 price
, don't go through the broker
on yachtworld. His price
is $42,900, just reduced from $45,900.
I have dropped the boat down to $39,900 for a fast sale
. I can do that because the past installment buyer defaulted on the installment contract
and I retained the money
he paid. So, i do not need to maximize the price. I would not have sold
it so low if this were not the case. But it benefits me because I the buyer is paying for the discount.
There was never a lawsuit, but just a threat of one. The buyer hired a lawyer, then i had to hire a lawyer. Then the lawyers went round and round for about 10-14 days until reality set in. The buyers lawyer was asking all sorts of unreasonable demands so when i hired my lawyer, he set the buyers lawyer down to earth. Everyone learned that my contract
was iron clad and if the buyer did not resume the contract, he would lose the boat. We gave him the legal
redemption period but the buyer did not act on it. So, the redemption period is long gone - 8 weeks ago. There is no way he can regain possession even if he wanted to. And there is no benefit in him trying to recover any damages because he does not have any legal
basis for that. It is all clearly spelled out in the contract what happens if he defaults. We have written proof that he defaulted and nullified the contract because his lawyer (and the marina) told us that they were abandoning the boat and returning possession to me. That was back in January. This is April now and not a peep from the buyer or buyers attorney. They seem to have lost
interest in pursuing this. They have nothing to gain by going to court and much more to lose. The buyer would lose another 3k trying to take me to court to recover some money
. The buyer doesn't want to lose more money so i think he dropped it.
The buyer never had title to the boat. Only a contract of possession. And then he gave up possession. So, there are no worries. The worst he can do now is to try to get some money back in small claims court. Good luck I say.
There are a few links to where the boat is, but if you email
me at email@example.com
, i can send a pdf file with all the information. I will attach some pictures here, plus the list of cruising equipment
valued at $42,900.
Interested buyers should act quickly. I already have three appointments to view the boat coming april 19th, 21st, and one not arranged yet. Gook luck.