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Updated over 7 years ago, 09/17/2017
Abandoned Boat on Property
Fellow VA Investors,
This guy was waiting for us in the back yard of a rehab project we just bought. I have no experience buying and selling boats so I am looking for a little guidance.
From my research it looks as if I am supposed to reach out to the previous owner and give them a chance to claim the boat. We bought this house from an estate, the gentleman had no heirs to pass property to. So I'm assuming I am off the hook there. Also it looks like the titling process could take a while, maybe longer than I'll have the house. In this case I wonder if it would be worth it to try and sell it with a salvaged title.
Any advice helps, thanks.
For the record it looks to be a late 80's model Catalina 22 sail boat. Retail from $4-8k in good condition.