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Did he get paid?

CampbellCarl

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I can't figure out how the new owner has the title?

In a side bar conversation, I was told that the broker has 30 days after the sale to fund the title holder and seller. My assumption is that the AZF&G paperwork goes thru immediately, thus issuing the buyer his new registration/title even tho AZ is not a title state.

I dunno...like you, makes little sense.
 

Singleton

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I can't figure out how the new owner has the title?

I bet new owner had to pay $$ and $$ had to clear into an OCM bank account before OCM let new owner take boat off the lot. So if that logic is followed, no matter what OCM has to say, they have been BS's old owner for over 60 days while not paying. That IMO is a complete lack of business ethics and I don't care what RD says is going on, I would never refer anyone to OCM.

Also in last thread 29C posted a BofA wire confirmation signed by Tim at OCM and in this thread we are talking about Chase. What bank was the check written from? Why the need for all the different bank accounts?

IMO OCM is in the wrong 100% and no matter what RD does to try and clear the air, OCM business integrity and ethics are at zero. Perception is reality and OCM's perception is a business that takes others money until you cause a big enough issue? Maybe I am wrong since I don't know all the facts but don't care.

The only way I see OCM gaining back any faith in my mind is going years without someone posting or filing lawsuits to get paid money due and I don't see that occurring.
 

Wheeler

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I think he's saying he wants his ass kicked.

od1 01.jpg
 

OldSchoolBoats

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In a side bar conversation, I was told that the broker has 30 days after the sale to fund the title holder and seller. My assumption is that the AZF&G paperwork goes thru immediately, thus issuing the buyer his new registration/title even tho AZ is not a title state.

I dunno...like you, makes little sense.

I bought my boat on 7/24 and mailed in all the information to AZF&G on 7/31 and received my "title" from them on 8/17. Funny thing is, I mailed the AZ stuff and I did the CA DMV stuff for the trailer on the same day and received the boat title and trailer pink slip in the mail on the same day.
 

Outdrive1

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Pending wires usually hit about now. Usually right before banking hours it shows in your account.
 

RCDave

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Az DFG doesn't provide title documents. Just registration documents. Title in Az is in the form of a UCC filing (not a pink like in CA)

Filing a UCC is very easy and also easy to obtain proof online that a UCC is filed
 

Mini Kat

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What time did you say the money would be in the bank again? Because I think I may have jumped the gun
!
 

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wsuwrhr

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For a $60k transaction...I would of drove or flew down to OCM...then we both would of taken a ride to HIS bank and made the wire transfer at his bank into my personal bank.....WTF?

...and what if there were no funds to cover said payment?
 

Joker

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Seller should have had an attorney on this, not RD. Valuable time is being wasted and assets could be hidden if this is really what it sounds to be.
 

BHC Vic

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Just woke up doesn't look like I missed much. Going back to bed
 

OldSchoolBoats

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Ok.......banks are open. If the money is supposed to be there today by noon, then Tim should just send it now and if he does that it will show immediately. The whole noon deadline is a bunch of BS. Both of these guys need to get to the bank right now and handle this business so it can be all done and over with.
 

Squirtsfar

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Ok.......banks are open. If the money is supposed to be there today by noon, then Tim should just send it now and if he does that it will show immediately. The whole noon deadline is a bunch of BS. Both of these guys need to get to the bank right now and handle this business so it can be all done and over with.



^^^^^^^THIS.....:thumbup:
 

Waffles

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Ok.......banks are open. If the money is supposed to be there today by noon, then Tim should just send it now and if he does that it will show immediately. The whole noon deadline is a bunch of BS. Both of these guys need to get to the bank right now and handle this business so it can be all done and over with.
I think the noon deadline was set to buy OCM time and scrounge up the money. Dave is trying to save face.
 

wsuwrhr

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Sometimes you just got to take the risk.:D now was it worth it? only he knows;)

I don't know Mr C,

That pitchfork looked too close to shitting into a bag for the rest of your life.

She is damn good looking though....tough call.
 

PVHCA

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I think the noon deadline was set to buy OCM time and scrounge up the money. Dave is trying to save face.

I don't think RD needs to save face if it goes south nor do I think he will say "told ya'll so" if it works out, IMO OCM is wrecked for awhile with either outcome and it's no fault but their own. When it goes as far as it has there's been a lot of excuses delaying the correct outcome. This isn't their first 'OOOOPPPPPSSSSYYYY"
 

BHC Vic

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Ok.......banks are open. If the money is supposed to be there today by noon, then Tim should just send it now and if he does that it will show immediately. The whole noon deadline is a bunch of BS. Both of these guys need to get to the bank right now and handle this business so it can be all done and over with.

It's already sent... It should be there by now [emoji57]
 

BHC Vic

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I think the noon deadline was set to buy OCM time and scrounge up the money. Dave is trying to save face.

Fuck shoulda just asked Dave to borrow the damn 60k thats what i really don't get. 60k is a pretty big number but not big enough that I couldn't cover it if need be. I don't get it
 

MCnParker

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Is RD posting yet this am? Haven't seen anything, I assume he is hammering away on the keyboard with his typical novel in the event this all falls apart for OCM. So he can hit go and watch the shit storm explode!
 

TLAW719

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I don't think RD needs to save face if it goes south nor do I think he will say "told ya'll so" if it works out, IMO OCM is wrecked for awhile with either outcome and it's no fault but their own. When it goes as far as it has there's been a lot of excuses delaying the correct outcome. This isn't their first 'OOOOPPPPPSSSSYYYY"

I agree with OCM being wrecked for a while. Even if the funds are in 29C's account by noon I still wouldn't trust OCM.
 

BHC Vic

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Is RD posting yet this am? Haven't seen anything, I assume he is hammering away on the keyboard with his typical novel in the event this all falls apart for OCM. So he can hit go and watch the shit storm explode!

My guess is he's getting some needed sleep
 

Boatfloating

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Being in the mortgage business and working for a wholesale lender we send millions upon millions of dollars daily via wire with a push of a button and as long as we order wire prior to 2pm the funds are in titles/escrows hands within the hour. I've been watching this train wreck all week long and waiting for the derailment anytime now.
 

AzGeo

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Are you saying Tim gets title loans on his truck?

Like many of you, I DON'T KNOW THE GUY .

However, this thread is going on and on, with little progress much like the blown up Ford thread .
 

JBS

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Like many of you, I DON'T KNOW THE GUY .

However, this thread is going on and on, with little progress much like the blown up Ford thread .

I do not see any similarities.

Are you saying OD1 has a title loan on his broken truck.
 

Outdrive1

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Fuck shoulda just asked Dave to borrow the damn 60k thats what i really don't get. 60k is a pretty big number but not big enough that I couldn't cover it if need be. I don't get it

That would be the last thing I would do. Loan someone money who's that fucked.
 

RiverDave

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Tim just texted a number to me and said this is the Federal #. He also sent it to 29'Commander.

Meaning the seller should be able to track and receive his funds now if the number works out.
 

BHC Vic

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That would be the last thing I would do. Loan someone money who's that fucked.

Yea but Dave seems to think the first two incidents were not on Tim and kind of believes Tim on this one. So maybe Dave would?
 

Blubyu

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Call the research department at Chase they can.
 

Singleton

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Tim just texted a number to me and said this is the Federal #. He also sent it to 29'Commander.

Meaning the seller should be able to track and receive his funds now if the number works out.

So all the federal numbers allows is the following.

A Federal Reference Number is a way to keep track of wire transfers. Banks can use the Federal Reference Number to trace where your cash is if it doesn't show up in the account you wired it to. Most wire transfers will process smoothly without hiccups, but in the odd case where there's a problem, you'll need to provide the Federal Reference Number for the wire transfer to start the tracking process.

Only reason you need the Federal #, is bc the funds were not wired correctly to begin with
 

Joker

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This is sounding positive for the seller that there is action.
 
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