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Best way to sell a boat with a lien #14068225 07/20/21 09:33 PM
Joined: Nov 2009
Posts: 269
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LUguy08 Offline OP
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Joined: Nov 2009
Posts: 269
Can someone give me direction on how to sell my boat that has a lien? I want the buyer to feel protected and assure them they are receiving title upon lien payoff.

Re: Best way to sell a boat with a lien [Re: LUguy08] #14069710 07/22/21 05:52 AM
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bdog1234 Offline
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I bought a motorcycle once that had a lien on it. I met the seller at his bank and we did the transaction there at his bankers desk. I paid him, he paid off the loan, the banker released the title and handed it to me.

Re: Best way to sell a boat with a lien [Re: LUguy08] #14072604 07/25/21 02:51 AM
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BigDozer66 Offline
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We bought our boat from a guy near Austin.

It was financed at his Credit Union so we got our Credit Union to contact his and they did all the work.

Our CU gave us a check for $22K and we drove down on a Saturday morning and meet him at his CU.

His CU took our check, paid it off, and credited his account the rest of the money and sent the Lien Papers to our CU.

We hooked on to the boat and headed home. cheers


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Re: Best way to sell a boat with a lien [Re: LUguy08] #14074724 07/27/21 02:58 PM
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BurnCustomBaits Offline
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Give Dustin at Reclending.com a call he can answer all your questions. 517-543-6921

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