what_barnacles
Guru
Greetings,
Great site, I have already learned a lot just browsing the forum.
I have a question about buying a used trawler thats documented. The current owner said that we would need to close the deal with someone like a title agent much like when you buy a house.
Is that correct? I have never bought a boat big enough that it could be documented, but I was under the impression from reading on the Coast Guards site that all I needed was basically a bill of sale and I could redocument it myself and possibly save $500 (per the owners estimate).
Thanks in advance
Phil
Great site, I have already learned a lot just browsing the forum.
I have a question about buying a used trawler thats documented. The current owner said that we would need to close the deal with someone like a title agent much like when you buy a house.
Is that correct? I have never bought a boat big enough that it could be documented, but I was under the impression from reading on the Coast Guards site that all I needed was basically a bill of sale and I could redocument it myself and possibly save $500 (per the owners estimate).
Thanks in advance
Phil