XLGPP
02-22-2005, 04:06 PM
Hey all, its been a while since I was a regular here, but I came across something that I figured only the faithful here could advise about.
Recently I have put my Cougar up for sale, and everytime I have it sold the amount to insure a 100mph Cat kills the deal :burningm: (you guys know how cat ins. is) I got a call today from Brystarmarine.com that is a brokerage that has my boat sold. Only thing is they want me to owner finance for short term (18-24mo) until the buyer closes on a property deal, then he will finance the buy-out. They say they gurantee the note and monitor the boat (storage,maint, etc..) until the buy out.
Any of you hear of this before, or know much about it? Any info is greatly appreciated. And sorry to spam the sandbar with this, but I remember this is where everybody hangs out ;)
Recently I have put my Cougar up for sale, and everytime I have it sold the amount to insure a 100mph Cat kills the deal :burningm: (you guys know how cat ins. is) I got a call today from Brystarmarine.com that is a brokerage that has my boat sold. Only thing is they want me to owner finance for short term (18-24mo) until the buyer closes on a property deal, then he will finance the buy-out. They say they gurantee the note and monitor the boat (storage,maint, etc..) until the buy out.
Any of you hear of this before, or know much about it? Any info is greatly appreciated. And sorry to spam the sandbar with this, but I remember this is where everybody hangs out ;)