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#1
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Eisboch wrote:
A sea trial, hauling, survey and re-launch is scheduled for Wednesday on the Navigator "weather permitting". I haven't been down to the marina for a week due to two snowstorms up here. I suspect the back basin (which is brackish water) is iced over, although probably just on the surface. I am not sure about the inner harbor, although it has frozen enough to walk on in past winters. Forecast is for rain/snow on Wednesday although it may just be showers. I am leaning towards canceling the event and, assuming the buyer is still interested in the boat closer to spring, doing it then. He wants to leave the boat at it's current slip at my marina for the remainder of the winter anyway. I've been debating this in my head all morning. Obviously both brokers involved want to forge ahead, influenced by commissions. The buyer doesn't want to move the boat until spring anyway and, if the sale is consummated, the closing won't be until the first week of January at the earliest. Since I've never used the boat as an ice breaker I don't know the risks involved. Frankly I don't have any experience of, or have even heard of doing sea trials and surveys in the middle of winter, especially if it's snowing/raining/icy. It dawned on me that if something happens due to weather or ice, the risk is totally on us. The buyer can say, "Gee, that's too bad", and head for home. Anybody do this before? Eisboch I wouldn't risk it. If something bad happens in winter on the water in your neck of the woods, you're dead. Can you structure a contingency sale, with the buyer's only option for backing out some horror turning up in the survey? In sales, if you don't strike while the iron is hot, you are likely to lose the sale because the buyer finds something else he likes or loses interest altogether. The problem is, with the economy tanking, and it is, if you lose this buyer, you may not find another for a long, long time. |
#2
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![]() "HK" wrote in message . .. Eisboch wrote: A sea trial, hauling, survey and re-launch is scheduled for Wednesday on the Navigator "weather permitting". I wouldn't risk it. If something bad happens in winter on the water in your neck of the woods, you're dead. Can you structure a contingency sale, with the buyer's only option for backing out some horror turning up in the survey? In sales, if you don't strike while the iron is hot, you are likely to lose the sale because the buyer finds something else he likes or loses interest altogether. The problem is, with the economy tanking, and it is, if you lose this buyer, you may not find another for a long, long time. Well, that's another issue. I am probably not motivated enough to sell it anyway and certainly not enough to take unnecessary risks (if there are any) just to accomplish the sale. They've asked me to run the boat which is fine, but if I do, it has to be by my rules. When I sold the Egg Harbor the buyer was a little miffed because I would not allow him to dock it at the slip when we returned from the sea trial after seeing how he handled it while underway and away from other boats. Maybe I think too much about this stuff, but the last thing I want to do is to take the boat out in the middle of winter, exercising my level of caution, while having the brokers and buyer wanting to do more. I am thinking I'll cancel it. If he's interested in the spring, fine. If not, so be it. But, I'll mulch on this a bit more. Eisboch |
#3
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posted to rec.boats
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Eisboch wrote:
"HK" wrote in message . .. Eisboch wrote: A sea trial, hauling, survey and re-launch is scheduled for Wednesday on the Navigator "weather permitting". I wouldn't risk it. If something bad happens in winter on the water in your neck of the woods, you're dead. Can you structure a contingency sale, with the buyer's only option for backing out some horror turning up in the survey? In sales, if you don't strike while the iron is hot, you are likely to lose the sale because the buyer finds something else he likes or loses interest altogether. The problem is, with the economy tanking, and it is, if you lose this buyer, you may not find another for a long, long time. Well, that's another issue. I am probably not motivated enough to sell it anyway and certainly not enough to take unnecessary risks (if there are any) just to accomplish the sale. They've asked me to run the boat which is fine, but if I do, it has to be by my rules. When I sold the Egg Harbor the buyer was a little miffed because I would not allow him to dock it at the slip when we returned from the sea trial after seeing how he handled it while underway and away from other boats. Maybe I think too much about this stuff, but the last thing I want to do is to take the boat out in the middle of winter, exercising my level of caution, while having the brokers and buyer wanting to do more. I am thinking I'll cancel it. If he's interested in the spring, fine. If not, so be it. But, I'll mulch on this a bit more. Eisboch Too many horrific consequences are possible in connection with winter boating in your latitude. |
#4
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posted to rec.boats
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![]() "Eisboch" wrote in message ... "HK" wrote in message . .. Eisboch wrote: A sea trial, hauling, survey and re-launch is scheduled for Wednesday on the Navigator "weather permitting". I wouldn't risk it. If something bad happens in winter on the water in your neck of the woods, you're dead. Can you structure a contingency sale, with the buyer's only option for backing out some horror turning up in the survey? In sales, if you don't strike while the iron is hot, you are likely to lose the sale because the buyer finds something else he likes or loses interest altogether. The problem is, with the economy tanking, and it is, if you lose this buyer, you may not find another for a long, long time. Well, that's another issue. I am probably not motivated enough to sell it anyway and certainly not enough to take unnecessary risks (if there are any) just to accomplish the sale. They've asked me to run the boat which is fine, but if I do, it has to be by my rules. When I sold the Egg Harbor the buyer was a little miffed because I would not allow him to dock it at the slip when we returned from the sea trial after seeing how he handled it while underway and away from other boats. Maybe I think too much about this stuff, but the last thing I want to do is to take the boat out in the middle of winter, exercising my level of caution, while having the brokers and buyer wanting to do more. I am thinking I'll cancel it. If he's interested in the spring, fine. If not, so be it. But, I'll mulch on this a bit more. Eisboch I'd certainly play it safe if you're not desperate to sell. If he thinks about it the buyer should agree. The downside of losing the interest that the purchase money could earn would be easily offset by any damage to your boat. |
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