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