answersLogoWhite

0


Best Answer

You have to notify any potential buyers of the lien against the boat, and if they buy it, the payment should be made in a certified cheque payable to both you and the bank that has the lien. Notify the bank.financial firm that there is a sale, before the cheque is cut, so they can offer a release at the time.\

new answer sell very quickly

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you sell a boat when you owe on it?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you get rid of a car on which you still owe money?

Sell it privately for what you owe on it.


Where can I get estimates on used boat values so I can sell my old one?

Boats.com is an excellent site for boat owners wanting to sell their old boat because you will be given step by step instructions on how to sell the boat.


If you have a lease through GMAC and the car gets repossessed do you owe for the remaining payments or do you owe for the ACV of the car?

they sell the auto at an auction sell it to the highest bidder and you the remainder


Once the lender sell you car do you still owe the balance?

You owe the difference in what the car sells for and the balance on the note.


How do you sell a boat?

ebay


How do you sell a boat on cregslist?

The best way to sell a boat on Craigslist is to include all important information about the boat. Include, make, model, pictures of the boast, price, and details that make your boat unique.


How do you sell a motor boat?

ebay


If you sell stock do you owe tax on the capital gain of the stock or entire principle amount?

You only owe tax on the capital gain.


Can you still owe money after your car is repossessed because of the recall?

If it is repossessed, you will owe the difference between the loan amount and what they sell the vehicle for.


Who is in your boat -Satan or Christ?

AnswerNeither. As an atheist, I owe allegience to neither and do not believe they really exist.


Your vehicle gets repossed you owe 11000 they your vehicle gets repossed in Ohio you owe 11000 and they sell it for 6000 do you have to pay the 5000 dollar difference sell it for 6000 do you have to p?

you usually do. it happened to my brother.


If the creditors repossessed a motorcycle and then DID NOT sell it at an auction do you still owe?

No you don't still owe; once the motorcycle has been repossessed, it is no longer your concern. Whether the creditor sells it or fails to sell it is the creditor's problem, not yours.