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How Long ???
Duh? I don't see the average boat owner walking out on a purchase because
the fire extinguisher isn't working just right ... But,,, when the surveyor says "you know, it looks like your gonna need a whole bunch of deck work don't on this boat, the deck core is full of moisture" .. Then,,, walk? No run. Or, sit down and discuss. Let's face it,, the buyer wants to buy and the seller wants to sell..... -------------- "Dave" wrote in message ... On Tue, 07 Mar 2006 23:00:12 -0500, Wayne.B said: I disagree. If the survey and/or sea trial turns up issues that you did not know about at the time of your offer, you are perfectly entitled to renogotiate. Some sellers will stone wall on that. If so, excercise your purchase contract option to reject the vessel and notify both the seller and broker via fax and letter. You did include that clause in your agreement, right? The survey will virtually always turn up some issue you didn't know about when you made your offer. If I'm the seller, and it's a bunch of minor items that are within the range of what you'd expect, I'm gonna tell the buyer I have no problem with his walking, but the agreed price isn't gonna change. Most buyers at that point want the boat more than they want to beat their chests about how they hondled down the price. If it's something significant, it's a different story. When we bought our last boat, no water came out the exhaust when we did initial sea trials. Had to have an exhaust elbow replaced. This was something significant enough that if the price hadn't been adjusted to cover it I'd have walked. |
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