1977 Allied seawind ii ketch

Started by freeskier710, September 30, 2016, 04:54:25 PM

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freeskier710

Hi all, been a long time since I've been active in here but I need some guidance.  I've come across an opportunity to purchase a 1977 Allied Seawind ii ketch via owner financing.  Asking price is a fair market value, no interest, no down payment, holding title in exchange for bill of sale, and I can easily afford the payments we've agreed on.  What kind of paperwork needs to be done for this type of agreement?  Is this a good deal?
Chime in, forget your two cents, put a dime in!!!

CharlieJ

I think you'll get some good answers here, but another site that might be even better is Sailboat Owners .com Ask All Sailors. You'll have to register. There are some broker-type folks there long with some ex boat dealers. Also many more that deal with larger boats

http://forums.sailboatowners.com/index.php?forums/ask-all-sailors.18/

For one thing, I'd have a legal contract showing what's supposed tom happen.
Charlie J

Lindsey 21 Necessity


On Matagorda Bay
On the Redneck Riviera

CapnK

Seems to me that you just need to make sure to have a written contract spelling out the details of the transaction, and get it Notarized or otherwise legally witnessed.
That's a great boat, best of luck, and - (from safely inside my glass house...) -

Where are the pictures???!!! :D
http://sailfar.net
Please Buy My Boats. ;)