[Rhodes22-list] financing for Rhodes 22

[Peter Thorn]

Marc,

You might try explaining to your lender that it's similar to the difference
between a newly renovated house and a merely used house.

They often use BUC values for boat appraisals and I don't know if BUC is
familiar with Stans' recycling process and/or  his sales data.
http://www.bucvalu.com/index.cfm

Good luck!

PT

----- Original Message ----- 
From: "Marc Batson" <mrbatson at stjames.edu>
To: <rhodes22-list at rhodes22.org>
Sent: Friday, January 05, 2007 9:06 AM
Subject: [Rhodes22-list] financing for Rhodes 22


> My wife and I just placed a deposit on a 1993 Rhodes 22.  It will be a
> "recycled" boat, and we had a great time meeting Stan and touring his
> facility.  Stan suggested that I post a message to see if anyone in the
> Maryland, Virginia, North Carolina region has had luck explaining to a
> lending company the nature of "recycled" as opposed to "used" in their
> consideration of a boat loan.
>
>
>
> Marc
>
> __________________________________________________
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