Buying a yacht or recreational vehicle can be a big thrill for you and gives you the chance to achieve a lifelong dream of yours to own a boat like this. Many people find that purchasing a boat on the secondary market from a private seller or broker is the best way to get the…
Why US Documented Vessels Are Important For Mortgage Companies
The first time that you buy a boat, you may need to take out a loan in order to afford the full cost of the vessel. In order to get a reasonable sum for their purchase, many prospective boat owners choose to take out a type of loan called a preferred ship mortgage. This loan…
Preferred Ship Mortgage Explained
The “Preferred Ship Mortgage” is one of the ways that you can go about securing boat loans. Typically, this particular kind of mortgage is for vessels that are over 26 feet in length. For boats that are smaller than that, the title and a notation of the security interest recorded on the title should be…
How to Change Vessel Name and Hailing Port
If you’re the owner of a new vessel, you may be interested to know how to change vessel name and hailing port. Although you will be strongly advised against doing so by the superstitious sailor community, who tell you changing a boat’s name is bad luck, you are set on your ways. What are the steps…
Facts About USCG Documentation
If you’re like most people, you’ve heard of USCG documentation, but may not know exactly what it is. It stands for “United States Coast Guard Documentation.” It can help with a wide variety of thing. People don’t often realize that. It can also be difficult and ultimately quite time consuming to fill out. It can…
The Benefits of Documenting a Vessel
The benefits of documenting a vessel are many, although it may seem like an arduous task. It can be simplified with the help of vessel documentation services. If you are a new owner of a boat, you may be wondering if you have to document your vessel with the federal government. But first, read on to…