Harry,
Hopefully you saw the suggestion in my reply about buying an "abstract of
title" from VDC. They will fax it to you. This is about as close as you can
get to a CarFax report for a car. It could alert you to potential problems you
may have to deal with.
Dennis C.
Touche' 35-1 #83
mandeville, LA
>________________________________
> From: Harry Hallgring <hhallgr...@icloud.com>
>To: "cnc-list@cnc-list.com" <cnc-list@cnc-list.com>
>Sent: Tuesday, January 28, 2014 3:09 PM
>Subject: Re: Stus-List Documentation
>
>
>
>Ron,
>I bought mirage from Mass Maritime. It was a three year lease purchase. I
>closed on the boat about a year ago. I have all the USCG documentation
>certificates back to around 1990. I think the paperwork should all be in
>order. I'm going to buy beer for you guys with the $390 I saved!
>
>Harry
>
>
>Sent from my old iPhone
>
>On Jan 28, 2014, at 15:19, Ron Casciato <rjcasci...@comcast.net> wrote:
>
>
>
>Harry:
>
>I agree with these guys on doing it
yourself UNLESS…………………..the previous
owner did not renew the documentation and the previous to previous owner still
had an undischarged lien on the boat.
>
>I bought Impromptu in Sept. of 1997………..previous
owner told me it was documented………..he didn’t tell me
that he had not re-documented in his name……….
>
>So when I went to try to re-document the
boat in my name with a new boat name…………..the
Documentation office told me that it had a mortgage still on it and I would
have to get that discharged first…………I actually had a “copy”
of the mortgage discharge papers from a bank that no longer existed or was
bought up by one of the larger banks in the Boston area…………..
>So a 14 year stalemate ensued………..with
several exchanges of information but they wanted “original documents of
the discharge” and “original bills of sale”………….
>
>I got the name of a “documentation
expert” in our area from a friend and after almost 2 years, she has now
completed the documentation of my boat with new owner and new name an hailing
port
and I have the new Documentation paperwork from the USCG.
>She was able to reconstruct the original
sale by the previous owners and actually found the bank that had absorbed the
previous lien and was able to produce a signed notice of satisfaction that the
USCG approved……….
>
>As it turned out, she was the original
documentation service that did the paperwork for the twice previous owner in the
first place in 1983.
>
>So the moral; of the story is that if it’s
simple, do it yourself………….if a mortgage from a
previous owner is involved………….get help. The bill
for doing mine was $475………….plus the USCG
charge???? Took over 2 years to get done, most of that time waiting for
the USCG to get back to us for information………
>
>Good luck,
>
>Ron Casciato
>Impromptu
>C&C 38MKIIC ‘77
>
>
>
>
>________________________________
>
>From:CnC-List
[mailto:cnc-list-boun...@cnc-list.com] On
Behalf Of Josh Muckley
>Sent: Tuesday, January 28, 2014
1:08 PM
>To: cnc-list@cnc-list.com
>Subject: Re: Stus-List
Documentation
>
>Rick,
>I guess it depends on the bank. I had to fight with my bank just to add
coastwise trade endorsement. Not changing name or lien holder or anything
else.
>On Jan 28, 2014 12:35 PM, "Rick Brass" <rickbr...@earthlink.net> wrote:
>Wrong, Josh. The bank will require the lien be recorded.
You can do the paperwork yourself and mail in a copy of the mortgage paperwork.
There is a fee, but it is a lot less than $390.
>
>And, BTW, Harry, is the $390 inclusive of the various
USCG fees or in addition to them?
>
>Rick Brass
>
>
>From:CnC-List
[mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Josh Muckley
>Sent: Tuesday, January 28, 2014
10:45 AM
>To: cnc-list@cnc-list.com
>Subject: Re: Stus-List
Documentation
>
>Not unless you have a bank involved...then the bank
requires you to pay the $390.
>
>
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