Ok
Sent from the Samsung Galaxy Rugby Pro, an AT&T LTE smartphone
-------- Original message --------
From: Ron Casciato <rjcasci...@comcast.net>
Date: 01/28/2014 15:19 (GMT-05:00)
To: cnc-list@cnc-list.com
Subject: Re: Stus-List Documentation
Harry:
I agree with these guys on doing it yourself UNLESS…………………..the previous owner
did not renew the documentation and the previous to previous owner still had an
undischarged lien on the boat.
I bought Impromptu in Sept. of 1997………..previous owner told me it was
documented………..he didn’t tell me that he had not re-documented in his name……….
So when I went to try to re-document the boat in my name with a new boat
name…………..the Documentation office told me that it had a mortgage still on it
and I would have to get that discharged first…………I actually had a “copy” of the
mortgage discharge papers from a bank that no longer existed or was bought up
by one of the larger banks in the Boston area…………..
So a 14 year stalemate ensued………..with several exchanges of information but
they wanted “original documents of the discharge” and “original bills of
sale”………….
I got the name of a “documentation expert” in our area from a friend and after
almost 2 years, she has now completed the documentation of my boat with new
owner and new name an hailing port and I have the new Documentation paperwork
from the USCG.
She was able to reconstruct the original sale by the previous owners and
actually found the bank that had absorbed the previous lien and was able to
produce a signed notice of satisfaction that the USCG approved……….
As it turned out, she was the original documentation service that did the
paperwork for the twice previous owner in the first place in 1983.
So the moral; of the story is that if it’s simple, do it yourself………….if a
mortgage from a previous owner is involved………….get help. The bill for doing
mine was $475………….plus the USCG charge???? Took over 2 years to get done, most
of that time waiting for the USCG to get back to us for information………
Good luck,
Ron Casciato
Impromptu
C&C 38MKIIC ‘77
From: CnC-List [mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Josh Muckley
Sent: Tuesday, January 28, 2014 1:08 PM
To: cnc-list@cnc-list.com
Subject: Re: Stus-List Documentation
Rick,
I guess it depends on the bank. I had to fight with my bank just to add
coastwise trade endorsement. Not changing name or lien holder or anything else.
On Jan 28, 2014 12:35 PM, "Rick Brass" <rickbr...@earthlink.net> wrote:
Wrong, Josh. The bank will require the lien be recorded. You can do the
paperwork yourself and mail in a copy of the mortgage paperwork. There is a
fee, but it is a lot less than $390.
And, BTW, Harry, is the $390 inclusive of the various USCG fees or in addition
to them?
Rick Brass
From: CnC-List [mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Josh Muckley
Sent: Tuesday, January 28, 2014 10:45 AM
To: cnc-list@cnc-list.com
Subject: Re: Stus-List Documentation
Not unless you have a bank involved...then the bank requires you to pay the
$390.
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