View single post by Ruso
 Posted: Thu Apr 25th, 2019 08:19 pm
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Ruso

 

Joined: Mon Sep 17th, 2018
Location: Mesa, USA
Posts: 18
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Mana: 
Thank you, Steve..
Closing/open TIP timeline is the major concern for buying a boat in Mexico.
Only owner of the TIP can cancel/close it. He can't close it until you are ready to open it.
That brings a lot of uncertainty into the process.
Good approach would be if possible an Escrow holding the funds (full or partially) until the TIP is closed by previous owner. Don't know if it possible though.