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#1
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posted to rec.boats.cruising
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"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 |
#2
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posted to rec.boats.cruising
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![]() "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. |
#3
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posted to rec.boats.cruising
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![]() "Janet O'Leary" wrote in message ... trimmed some 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. Now, I think I understand why your husband wishes to remain inebriated. You're one of those socialists! What you say above is only to say "somebody else" needs to share the responsibility and cost of your personal decisions. Somebody else needs to decide for you whether or not it is wise to purchase a product. Somebody else should help you pay. Somebody else needs to carry YOUR burden. From each according to his ability to each according to her needs. Karl Marx would be proud of you. I think your hubby probably escaped into an alcoholic haze primarily because he no longer wishes to carry your burden. Atlas Shrugged! Grow up, girl. Wilbur Hubbard |
#4
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posted to rec.boats.cruising
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![]() "Wilbur Hubbard" wrote in message anews.com... "Janet O'Leary" wrote in message ... trimmed some 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. Now, I think I understand why your husband wishes to remain inebriated. You're one of those socialists! What you say above is only to say "somebody else" needs to share the responsibility and cost of your personal decisions. Somebody else needs to decide for you whether or not it is wise to purchase a product. Somebody else should help you pay. Somebody else needs to carry YOUR burden. From each according to his ability to each according to her needs. Karl Marx would be proud of you. I think your hubby probably escaped into an alcoholic haze primarily because he no longer wishes to carry your burden. Atlas Shrugged! Grow up, girl. Wilbur Hubbard Hubbard ,, are you familiar with short selling? Stock market short selling? The reason that short selling is important to the market is because the "true" price of a stock is revealed when someone is betting that the stock price will go down. Now,, apply this to a boat transaction. The seller is telling the prospective buyer that the boat is in perfect condition. All the while, the seller knows that there is a flaw, a serious flaw, with the boat. The seller is hoping that the buyer will not find the flaw. By asking the seller to shoulder half of the survey expense, the seller is forced to reveal the flaw before the survey .. and this helps reach the "true" price of the boat. That is: the boat less the repair, etc for the flaw.. etc. This seems reasonable to me .. |
#5
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posted to rec.boats.cruising
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"Janet O'Leary" wrote in message
... troll sh*t removed Hubbard ,, are you familiar with short selling? Stock market short selling? The reason that short selling is important to the market is because the "true" price of a stock is revealed when someone is betting that the stock price will go down. Now,, apply this to a boat transaction. The seller is telling the prospective buyer that the boat is in perfect condition. All the while, the seller knows that there is a flaw, a serious flaw, with the boat. The seller is hoping that the buyer will not find the flaw. By asking the seller to shoulder half of the survey expense, the seller is forced to reveal the flaw before the survey .. and this helps reach the "true" price of the boat. That is: the boat less the repair, etc for the flaw.. etc. This seems reasonable to me .. It sounds reasonable, but it's not workable and isn't reality based. You need to pay for the survey yourself to ensure you get the information you need. The surveyor doesn't even want to see no less talk to the other party... just the one paying the bill. As I said, you can negotiate a lot of stuff. One possible thing would be to have the owner haul/splash. It's about the same amount. FYI, you might also want to avoid trolls. -- "j" ganz @@ www.sailnow.com |
#6
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posted to rec.boats.cruising
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![]() "Janet O'Leary" wrote in message ... "Wilbur Hubbard" wrote in message anews.com... "Janet O'Leary" wrote in message ... trimmed some 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. Now, I think I understand why your husband wishes to remain inebriated. You're one of those socialists! What you say above is only to say "somebody else" needs to share the responsibility and cost of your personal decisions. Somebody else needs to decide for you whether or not it is wise to purchase a product. Somebody else should help you pay. Somebody else needs to carry YOUR burden. From each according to his ability to each according to her needs. Karl Marx would be proud of you. I think your hubby probably escaped into an alcoholic haze primarily because he no longer wishes to carry your burden. Atlas Shrugged! Grow up, girl. Wilbur Hubbard Hubbard ,, are you familiar with short selling? Stock market short selling? The reason that short selling is important to the market is because the "true" price of a stock is revealed when someone is betting that the stock price will go down. Now,, apply this to a boat transaction. The seller is telling the prospective buyer that the boat is in perfect condition. All the while, the seller knows that there is a flaw, a serious flaw, with the boat. The seller is hoping that the buyer will not find the flaw. By asking the seller to shoulder half of the survey expense, the seller is forced to reveal the flaw before the survey .. and this helps reach the "true" price of the boat. That is: the boat less the repair, etc for the flaw.. etc. This seems reasonable to me .. You are very naive, then. Most smart sellers of a used product will state on the Bill of Sale something such as "as is, where is." A seller would be stupid to sell a used boat without such a disclaimer as he is in no position to offer any kind of a valid warranty or to haggle over it in court. In many states a seller is required by law to reveal any known safety defects in a product he is selling. As usual, however, the general rule is buyer beware as a seller can always claim and it's impossible to prove otherwise that he didn't know anything about any and all defects. In other words it is entirely up to you and yours to determine if your used product is a decent buy. Wilbur Hubbard |
#7
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posted to rec.boats.cruising
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"Janet O'Leary" yeahright wrote:
,, are you familiar with short selling? *Stock market short selling? Yes. It has absolutely nothing to do with buying-selling boats. ... *By asking the seller to shoulder half of the survey expense, the seller is forced to reveal the flaw before the survey .. and this helps reach the "true" price of the boat. That's just plain stupid. There is no broad based market for any particular boat, thus no 'market price.' The boat is worth what a given buyer will pay for it, and it costs what the seller will take for it. First of all, there is certainly no guarantee that a surveyor will find any particular flaw the seller may have in mind. 2nd there are almost certainly flaws the seller doesn't know about 3rd there is a tremendously wide range of possible 'fixes' for any given boat problem, and thus no definable cost to repair... until the specifics of the individual's preferences are applied AND a specific repair put out for bid. This seems reasonable to me .. That's because you know nothing at all about the process. OTOH there's no reason why you can't try to buy a boat your way. Lots & lots & lots of sellers out there. And you can always convince yourself you got a "deal" DSK |
#8
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posted to rec.boats.cruising
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's just plain stupid.
There is no broad based market for any particular boat, thus no 'market price.' The boat is worth what a given buyer will pay for it, and it costs what the seller will take for it. First of all, there is certainly no guarantee that a surveyor will find any particular flaw the seller may have in mind. 2nd there are almost certainly flaws the seller doesn't know about 3rd there is a tremendously wide range of possible 'fixes' for any given boat problem, and thus no definable cost to repair... until the specifics of the individual's preferences are applied AND a specific repair put out for bid. This seems reasonable to me .. That's because you know nothing at all about the process. OTOH there's no reason why you can't try to buy a boat your way. Lots & lots & lots of sellers out there. And you can always convince yourself you got a "deal" DSK ============= Its not often I get called stupid ... but you must be an expert .. Do you go around and tell people you don't know they are stupid all the time, or is this just an internet thing? The process, as you call it,, can be summed up in one word.. MONEY Show the money, and the process usually is quick to arrive. I just bought a couple more book at Barnes and Noble. They explain the purchase process very completely. I've also met an experienced yachtman who has owned over 10 cruising sailboats or different sizes. He is very helpful. Rather than tell me I'm stupid .. how about you tell all of us what your experience is. How many boats have you bought and sold? Where do you sail? What boat do you own now? When was the last time you bought a boat? Did you have a survey done? What is the name of your boat? Where is she moored/docked? In other words... put up or shut up. Ms Novice. |
#9
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posted to rec.boats.cruising
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"Janet O'Leary" wrote:
Rather than tell me I'm stupid .. how about you tell all of us what your experience is. Enough that I don't really care what you think. How many boats have you bought and sold? A lot... less than a hundred, more than a dozen. .... * When was the last time you bought a boat? March 2008 * Did you have a survey done? On this particular one, no. On the one before, yes. And on several before that, going to about 1970-something In other words... put up or shut up. Really? Or else you'll.... what? You forgot to ask animal, vegetable, or mineral. The methodical approach is best in these things. DSK |
#10
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You want the surveyor working entirely for you and beholden only to you.
Typically, you agree on a price before the survey and then the estimated cost of fixing anything necessary to make the boat legal and safe is deducted if it is not something that can be clearly seen and accounted for at the time the price is negotiated. -- Roger Long |
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