old 52c on e bay cheap so far

[Tim Powell]

http://www.ebay.com/itm/52-Hatteras...5ef27:g:IgkAAOSwKtlWsgzJ&item=291676483367old 52 0n e bahy


and a 55


http://www.yachtauctions.com/inventory/55-1988-hatteras-55-convertible/10613/

 

[jim rosenthal]

Recent engine majors, but no engine photos.

Right. Maybe I missed them.

 

[oscarvan]

Heavily upgraded interior with newer cabinetry and countertops. Updated version of popular Hatteras 55 Convertible (1980–86) boasts restyled windows, more aggressive flybridge profile, minor interior upgrades. - See more at: http://www.yachtauctions.com/inventory/55-1988-hatteras-55-convertible/10613/#sthash.vcxA7vMz.dpuf

A great seaboat!

When I read crap like that I get scared.

 

[rsmith]

I believe the 52 has been for sale for a long time.

 

[bigbill]

for sale at least 1 1/2 years, if i remember correctly it was listed at several different prices from different brokers.

 

[saltshaker]

They both look decent but we all know you can't tell too much just from the pics. Bad paint or serious engine issues could make either a bad deal.

 

[Hatter41]

Still for sale but not on EBAY...down to 83,300. Adventure Yachts said had to go because of bank floor plan.

 

[Freeebird]

Still for sale but not on EBAY...down to 83,300. Adventure Yachts said had to go because of bank floor plan.

Bank floor plan on a boat that old? That's as good an excuse as any I suppose.

 

[jim rosenthal]

That's a stretch. Hard to imagine there's a bank stupid enough to floor plan a boat of that age. Then again, they DID write all those subprime loans years ago....

 

[Boatsb]

I hear the bank of Vito and Nunzio have all kinds of cement floor plans.

 

[SKYCHENEY]

A friend of mine just looked at this 52 last week. He sent me 120 photos. He called it a 5 out of 10 and thought that it might be a buy around $40-50k but not any more based on the work needed.

 

[SEVEN]

Could be a scam.

 

[rsmith]

It's sad every time I see Ballerina

 

[Tampaparadise]

Talked to the "Repo guy" of National Liquidators. He said they received an offer of 86K and the bank has not responded (this was over a month ago). I feel that may have not been exactly true but who knows... I wish it was in better shape but if 86k didn't get her then there doesn't seem to be a lot of hope for her right now.... so sad....

 

[oscarvan]

He said they received an offer of 86K and the bank has not responded (this was over a month ago).

Not sure about boats, but when I was in the business the REO (Real estate owned) department of a bank returned my call in hours, a day MAX.

Every Monday morning they would meet. Per a set schedule prices were reduced when listings didn't sell. All very methodical.

Banks don't floor plan. They ARE the plan.

All sounds very fishy.

 

[saltshaker]

Not sure about boats, but when I was in the business the REO (Real estate owned) department of a bank returned my call in hours, a day MAX.

Every Monday morning they would meet. Per a set schedule prices were reduced when listings didn't sell. All very methodical.

Banks don't floor plan. They ARE the plan.

All sounds very fishy.

I've looked at a few repos and foreclosed real estate. Every time the bank was the problem and getting a response often took months. I had a friend who was selling his house as a short sale. They had several decent offers and every deal was killed by the banks failed or delayed response. Took over 2 years before they eventually sold the house for a number very close to what some of the original offers were.

 

[tellico]

I've looked at a few repos and foreclosed real estate. Every time the bank was the problem and getting a response often took months. I had a friend who was selling his house as a short sale. They had several decent offers and every deal was killed by the banks failed or delayed response. Took over 2 years before they eventually sold the house for a number very close to what some of the original offers were.

Good while back, I bought a repo boat that I actually knew. Luckily I also knew someone inside the bank which ultimately helped close the deal. Turned out, everyone was bidding against the broker involved because they were trying to buy the boat at the lowest possible price for themselves. As has been said elsewhere here on HOW - boats aren't real estate and brokers are unregulated for the most part. It's a thieves market, with some notable exceptions.

 

[oscarvan]

I've looked at a few repos and foreclosed real estate. Every time the bank was the problem and getting a response often took months. I had a friend who was selling his house as a short sale. They had several decent offers and every deal was killed by the banks failed or delayed response. Took over 2 years before they eventually sold the house for a number very close to what some of the original offers were.

Guess it's not the late 80's anymore.

Do have a funny story. Bought my last boat, a Catalina 42 (yes, I am a recovering bloboater, but mine always looked Bristol) out of a foreclosure. Financing with Bank X. Problem was that the bank holding the original lien was holding up the deal, so I was told. Well, dude...... it's YOUR bank. So why don't you go over a few cubicles and make this happen eh? That did it.

Got a heck of a deal, like 60 cents on the dollar. Put another 30 cents in, and a LOT of hours, sailed it 6000 miles and got all my money back. Have the memories and pictures to prove it.