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USMS: 1998 Cobalt 293T Fiberglass Sterndrive Power Boat

Seller Name: USM
Rating: Not Applicable
Location: St Thomas, VI
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Asset Information

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Additional Terms of Service

Sold by the U.S. Marshals Service, which reserves the right to refuse any bid for any reason. Bidders should conduct their own due diligence to determine value.

The assets offered for sale by the United States Marshals Service are either seized by and/or forfeited to the United States under federal forfeiture laws. All Buyers of these assets must understand that the United States, and/or its agencies, agents, officers, employees, and/or assigns (hereinafter referred to as "Seller") has acquired the subject property through seizure and/or forfeiture, and has little or no direct knowledge concerning the provenance, nature, value, source, authenticity and/or any other aspect or characteristics of these assets.

THEREFORE, the Seller offers these assets for sale in "AS IS, WHERE IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset. All sales are final and no refunds will be given.

In addition, all Buyers must agree to release and hold harmless the Seller from any and all demands, rights and causes of action, arising from, or to arise from, or by reason of, the Government's seizure, forfeiture, ownership, possession, management, use, sale and/or transfer of these assets.

Inspection Details

This asset is located in the Virgin Islands. Inspection will take place by APPOINTMENT ONLY. The buyer is highly encouraged to perform a visual inspection of this asset BEFORE placing a bid. Please contact Stephanie Browne at 340-774-2743.

Settlement Requirements

The successful bidder has 24 hours following the close of the auction to sign a Sales Certification Form. Buyer will receive an email at the close of the auction with the Sales Certification Form to be signed. The successful bidder has 7 calendar days to complete the transaction by certified check, money order or wire transfer to Bid4Assets. Please note that your bid deposit amount will be deducted from your winning bid amount, however you will receive notification at the end of the sale with the correct amount to send along with instructions on where to submit your payment. If the successful bidder does not perform, the bidder will forfeit his/her/its deposit to the U.S. Marshals Service.

For assistance, please contact Bid4Assets’ Customer Service team at [email protected] or 877-4ASSETS (427-7387).

Property must be removed within 10 business days from the date and time of award e-mail notification. Property can only be released Monday through Friday between the hours of 9AM and 4:30PM. There will be NO weekend release authorized.If arrangements have not been made and the property remains after the 10 business day allowance, storage fees will be charged and must be collected prior to release.

Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order