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 Deal fell through.		  New Topic  Topic Locked
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pwhallon
Admiral

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USA
694 Posts
Initially Posted - 08/29/2002 :  11:08:05  Show Profile
Oh well,

My neighbor backed out on the Marinette deal. I think my other neighbor, a houseboater, talked him out of it. It boggles my mind that he would pass up a deal almost $6,000.00 below appraised value. Go figure<img src=icon_smile_question.gif border=0 align=middle>

To put it in perspective, he was getting a 28 foot cabin cruiser, in near bristol condition, for the price of a used runabout.<img src=icon_smile_shock.gif border=0 align=middle>

I called the Catalina broker and he has another buyer lined up. I told him to let her go.<img src=icon_smile_sad.gif border=0 align=middle>

Thanks for the good vibes.

The thread was fun.
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luckystar
Navigator

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USA
236 Posts
Response Posted - 08/29/2002 :  11:32:57  Show Profile  Visit luckystar's Homepage
Good luck. Have you thought about listing the Marinette on EBAY? Might be worth a look see. Hope to have you back soon. Once again, good luck!

Patrick Burnett, Little Rock, AR
S/V Lucky Star #2707 1982 SK/SR
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pwhallon
Admiral

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USA
694 Posts
Response Posted - 08/29/2002 :  11:56:07  Show Profile
Hi Patrick,

Thanks.

I reduced the price in the Boat Trader.

If I don't get any action on that, then Ebay may be the place to go.

It'll work out.

Paul
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dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts
Response Posted - 08/29/2002 :  16:57:23  Show Profile
"I called the Catalina broker and he has another buyer lined up. I told him to let her go." - Pwhallon

I wouldn't give up so easily. Fall is generally a buyers market with spring more attractive to the sellers. Last fall I purchased my current boat at a depressed price and waited until spring to sell the old boat when prices were better. It's like the stock market(well, like it used to be anyway! <img src=icon_smile_angry.gif border=0 align=middle> ), buy when the prices are low and sell when they are high. Buying a sailboat now at a reduced price and then waiting to sell the powerboat for more in the spring might net you a nice chunk of change.

Don Lucier, North Star
C25 SR/FK
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pwhallon
Admiral

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USA
694 Posts
Response Posted - 08/29/2002 :  18:17:03  Show Profile
Hi Don,

That's a good idea!

Thanks,

Paul
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Notice: The advice given on this site is based upon individual or quoted experience, yours may differ.
The Officers, Staff and members of this site only provide information based upon the concept that anyone utilizing this information does so at their own risk and holds harmless all contributors to this site.