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Note: Third party payment providers may charge a fee for use of the service. Repossessions from private owners follow the same course as any other repossession, with a buyer who becomes unable to continue making loan payments and defaults on a loan. PENDING 13 Photos 2021 Blackfin 332CC Mercury Twin 400XXL Verado $379,900 Length: 33' 2" Beam: 10' 6" Location: West Palm Beach Vehicle Highlights:. The World’s Largest Marine Liquidation Company. Repo Archives: Boat. Bank repossessed collateral including boats, yachts, jetski's, cars, trucks, suv's but especially assets related to the marine industry continue to climb. Repossessed boats for sale in Alabama. Repossessed boats are effectively objects that are seized by a bank or other financial institution from its owner due to non-payment of a loan and after reaching the default status. Below you can find a few key resources that will put you in front of about any lenders repossessed boat that goes to auction. 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