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:
Who usually pays to put boat in water for trial - buyer or seller?
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Wayne.B
Posts: n/a
On 23 Aug 2004 02:51:32 GMT,
(BllFs6) wrote:
If buyer pays and chooses the expert in the first place...why should the buyer
shoulder the cost of the expert when its the seller who was most likely trying
to pull the wool over someones eyes?
just a thought and question....
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Typically the buyer does his own due diligence based on appearance,
representations and maybe a cold start prior to making the offer. The
survey process is where the experts verify condition to the buyer (at
his expense). Following the survey the buyer can either walk away
from the deal or renegotiate it. I have never paid for a survey that
did not pay for itself in a renogtiated price.
A good surveyor will frequently find issues that the present owner is
not even aware of.
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