We are in a bit of a quandary and certainly have not made the best choices up to now, so the question is - WWYD in going forward?
Thanks for the responses!!!
Edited by MCsMom - 9/6/11 at 10:37pm
It doesn't sound like you're being unreasonable at all. I would try to get a hold of them, and discuss returning the boat as an option or letting DH look at it to see if he can see what the problem may have been. Maybe they blew up the other two boats because they don't really know what they're doing and are being far too hard on the boats.
If it comes down to it you can take them to small claims court since you have a document signed saying that they are responsible to pay for the boat in full.
we bought a boat (4,500 K) 2 years ago and the seller asked for a cashiers check for the full amount at(before) signing over the titles. I don't think you were too smart about signing over the titles w/o payment in full.... but what is done it done. I think you can just hope for the best at this point. a 89 bayliner is not a very quality boat (we also have a bayliner so I know). This guy might honestly be having problems with it. I think as a seller and at the price you are asking for it, your dh should do what he can to fix it or let the buyer return it.
these people do sound hard on boats. There is no way they burn out so many boats so quickly without some user error.
I think it was unwise to sign over the title. Or to let them take it without full payment but what is done is done. However getting your money and/or boat just may be more difficult now.
I do not think what you are asking is unreasonable. However a court might. If you can get your boat back, fix it and be done with them that might be enough. The problem is, payment or not the boat is pretty much theirs now. Unless the contract was notarized it is pretty meaningless.
It sounds like they bought a boat for $300. I don't know why you would sign over the title with out full funding? Unless you have something signed stating when payments are to be made you might be able to collect otherwise its a done deal. The only good thing here is you no longer need to worry about the boat. Not really what you wanted to hear but, live and learn I guess.
well you if you want your money you hound the buyer till he pays. If he won't pay, then call everyone with the same last name in the phonebook ask if they know him and tell them to pass along that he owes you money. Put in craigslist his name to warn people to not sell anything to him etc. See if you can find free legal advice.