Thread: Surveys
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Capt. JG Capt. JG is offline
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First recorded activity by BoatBanter: Jul 2006
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Default Surveys

wrote in message
...
On Mon, 24 Nov 2008 10:18:46 -0800, "Capt. JG"
wrote:

"Janet O'Leary" wrote in message
...

"Roger Long" wrote in message
...
"Capt. JG" wrote

I would never use a surveyor hired by the seller unless I knew the
surveyor. This has happened once or twice without a problem.


If it's a big buck sale with a lot riding on it, the cost of bringing a
surveyor in from out of the area can be well worth it unless you are
local and have a good handle on their reputation. Often, the locals
develop close relationships with the yards and know, for example, that
the yard owner really wants that boat out of there. They also learn,
at
least unconsiously, that they get more referrals when boats move than
when they sit.

--
Roger Long
=============================

When making an offer subject to survey,, is it proper or common to have
the
seller and the buyer share the cost of the survey? As I've posted, I'm
looking at
a couple of sailboats, and since I am on a budget, I'd hate to spend
$400
dollars
and have the surveyor tell me the boat is junk. As I read these
postings,
I got to
wondering if the buyer should ask the seller to share the cost of the
survey. This
way, if the seller knows there is a hidden defect, he/she will not only
lose the sale,
but also lose some money. Wouldn't this be a way for the buyer to test
the
seller, especially if the seller is telling the buyer that the boat is
in
excellent
condition.



I think it's better for the buyer to pay for the survey. In my case, I
paid
for the survey, and the seller paid for the haul/wash/splash, which is
about
the same cost. Usually, the buyer pays both, but it's negotiated.

You can do a lot ahead of a potential survey, by confirming lots of the
stuff yourself. If you're confident that you've caught everything, aren't
fooling yourself because you *want* the boat, and you don't have to worry
about insurance, you don't need a survey.


Until you try and get insurance... Which you will need to stay at most
marinas... And you would be extremely foolish to be without, anyway.
When a $3000 sailboat breaks free in a storm and hits a $750k
sailboat, or several of them...


There are many people who don't care about insurance, mainly because they
don't put their boats in marinas. As I said, if you're going to need
insurance, then you'll likely need to get a survey.

--
"j" ganz @@
www.sailnow.com