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Denis Marier
 
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Default The Boat Buying Process -sample agreement

This posting is interesting as I am on the market for another boat.
I have read the information and made two observations:
Item 3. Offer accepted/Rejected.
One way of closing a sale at a desired price is to ask more than the real
value.
When a low ball offer is made the seller refuses and makes a counter offer.
The buyer has the choice to pull out or make another offer. If the buyer
makes another offer it's usually half way of what the counter offer is. Then
the seller has the choice to accept it or counter offer again. When the
buyer is on high he will be embarrass to pull out of the game thinking that
he has beaten the seller down by far and signs the contract. The first time
I saw this technique been used was at one of open market in Africa where
haggling is a way of life.
In real estate one can find out for what money an equivalent house sold in
the same location. It is more difficult to find for what money a certain
type of boat sold.
Item 4. Marine survey. What is the legal responsibly of a Marine surveyor
and the legal value of its report.
In an another word is the surveyor responsible to find all defects in a
boat.
If short after the surveying has been done hidden defects are found what are
the recourse. Can the surveyor states that he/she was only responsible for
what was visible at the time?
Does marine surveyor carry liability insurance if so what is the coverage.



"Mic" wrote in message
...
Heres a link thats basic but has some useful points for consideration:

http://www.pocketcruisers.com/The%20...20Process.html

"Once you have found the boat that you would like to buy, there are
six steps that lead to your final ownership." There are probably more
and this is just some of them.

Link to the sample agreement

http://www.pocketcruisers.com/Agreement05.PDF

YMMV

Heres a link to a newsletter by Hathaway Marine Services

http://www.pocketcruisers.com/hmsnewsletters.html

http://www.pocketcruisers.com/NewsletterMar2005.PDF

This article refers to deck coring issues called Mallets and Meters.

Enjoy Mic