[MHml] Marine escrow arrangements

Capt. Len multihulls at steamradio.com
Sun Jan 27 08:10:03 EST 2002


Gary you can probably arrange payment via a letter of credit thru your bank, the
bank collects the money and sends the title or other paperwork.  What does the
custom broker handling the shipment say.  He needs title and other paperwork I
would think.

Quite a delivery.  Back in 1978 delivered a 6.47 meter trikini to Bremerton WA
from SW FL in Feb. and would never do it again.  Weather was terrible all the
way, snow, ice, T-storms, fog , white outs

Don't envy you the trip.  Charged the buyer $1.00 mile and he got a real
bargain.  Would charge $3/mile coming and $1/mile return  minimum. <BG>  Hope it
is not Gratis.

You might consider a Uhaul truck one way rental so you can fly home and not
drive both ways

Received shipments of boats from England at Jacksonville and that place was a
zoo and sure is no better now. So allow enough time.

If you get it done and want to relax if it  is still there try the restaurant at
the George Washington Hotel.

Used to have a full live orchestra and a great  filet.

Good Luck

len

Gary Lepak wrote:

> It looks like I will be selling my 30' trimaran to a fellow from England.  I
> am going to trailer it to Jacksonville, Florida where a shipper will put it
> on with the trailer as deck cargo.  The buyer won't be there at the time.
> I've never done this before, so am wondering about escrow arrangements.  I
> would guess that the title company would hold the funds and signed titles to
> the boat and trailer and when I have delivered the boat to the shipper I can
> get a receipt to send to the title company at which time they would release
> the funds and send the titles to the buyer.  The buyer and I would have to
> write up a contract with these directions for escrow.  Is this pretty much
> how it is done?  I will be calling title companies on Monday, but thought
> some of you may have been through this and have some advice.  Would it make
> a difference where in the US the title company is?  I am in Washington, but
> the boat will be shipped from Jacksonville.  Do real estate title companies
> do this too, or is it a specialized field?  Any recommendations for escrow
> agents?
>
> Thanks in advance,
>
> Gary Lepak
> Port Angeles, WA
> gnjlepak at olypen.com
>
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--
Capt. Len Susman
trikinimaster at trikini.com
WWW TRIKINI Project
http://www.trikini.com
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