Need a Marine surveyor in Ohio
- Thread starter pmck
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If you have answers, please help by responding to the unanswered posts.
If you have answers, please help by responding to the unanswered posts.
Donsan
Guru
- Joined
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- Vessel Name
- No Mo Trawla
- Vessel Make
- Hurricane SS188
No recommendation on a surveyor but I am interested in how you plan to go about this purchase with a boat that should be in winter storage at this time of year. How do you plan to do a sea trial?
- Joined
- Jan 9, 2014
- Messages
- 4,179
- Location
- USA
- Vessel Name
- N/A
- Vessel Make
- 1999 Mainship 350 Trawler
I've purchased 2 boats in the middle of winter.
1) Submit an offer with a signed P&S subject to successful survey AND seatrial.
2) Submit a refundable deposit (Typically 10%) which is held in escrow (typically brokers escrow).
3) Hire independent surveyor for hull and structural survey
4) Determine whether you want to proceed based on results of structural survey
5) If you decided to proceed: Wait until boat can be launched in Spring
6) Bring same surveyor back for systems survey and seatrial
7) (Optional, but recommended) hire a diesel mechanic (I prefer one certified in the engine being surveyed) to survey engine and also engage in seatrial.
8) Subject to result of survey and sea-trial....renegotiate, close or cancel offer (if cancelled collect deposit).
The structural survey and sea-trial are rarely on the same day anyway, as one is done with the boat hauled and the other with the boat launched. Technically, it doesn't matter whether there is 1 day or 60 days between the structural survey and the seatrial, provided both parties are willing to wait.
A seller will take cash in the hand regardless of the month, if he truly wants to sell the boat.
1) Submit an offer with a signed P&S subject to successful survey AND seatrial.
2) Submit a refundable deposit (Typically 10%) which is held in escrow (typically brokers escrow).
3) Hire independent surveyor for hull and structural survey
4) Determine whether you want to proceed based on results of structural survey
5) If you decided to proceed: Wait until boat can be launched in Spring
6) Bring same surveyor back for systems survey and seatrial
7) (Optional, but recommended) hire a diesel mechanic (I prefer one certified in the engine being surveyed) to survey engine and also engage in seatrial.
8) Subject to result of survey and sea-trial....renegotiate, close or cancel offer (if cancelled collect deposit).
The structural survey and sea-trial are rarely on the same day anyway, as one is done with the boat hauled and the other with the boat launched. Technically, it doesn't matter whether there is 1 day or 60 days between the structural survey and the seatrial, provided both parties are willing to wait.
A seller will take cash in the hand regardless of the month, if he truly wants to sell the boat.
- Joined
- Jan 9, 2014
- Messages
- 4,179
- Location
- USA
- Vessel Name
- N/A
- Vessel Make
- 1999 Mainship 350 Trawler
One thing to note, most P&S agreements have timelines for completing obligations by both parties. The P& S will need to be modified to accommodate the fact that the boat is hauled and more than likely blocked in by other boats. It requires flexibility.
For example it is really neither parties fault if the marina is frozen or the yard can't move 7 boats to accommodate your seatrial. Both parties are going to need to be flexible and anticipate date extensions. Both parties are going to need to be flexible in that the timing for the buyer, seller, broker, boat surveyor, engine surveyor, and yard may not easily coincide. Again, P& S dates may need to be amended.
The seller or broker should be the one working with the yard directly since he holds the storage contract with them. You should only need to worry about working with your subs.
Regarding P& S changes, make sure you not only sign your copy, but get a signed copy back acknowledging the change in the terms of the contract. You always want a copy with the most recent changes and BOTH parties signatures.
For example it is really neither parties fault if the marina is frozen or the yard can't move 7 boats to accommodate your seatrial. Both parties are going to need to be flexible and anticipate date extensions. Both parties are going to need to be flexible in that the timing for the buyer, seller, broker, boat surveyor, engine surveyor, and yard may not easily coincide. Again, P& S dates may need to be amended.
The seller or broker should be the one working with the yard directly since he holds the storage contract with them. You should only need to worry about working with your subs.
Regarding P& S changes, make sure you not only sign your copy, but get a signed copy back acknowledging the change in the terms of the contract. You always want a copy with the most recent changes and BOTH parties signatures.
Thanks Shrew. I will follow your guide. I have completed 1& 2 and working on the rest. The broker is actual a boat dealer who's primary business is new boat sales. The took this boat in on a trade. The boat is on there property and will be launched by them. Your note about the marina being potentially frozen was a concern and we negotiated that I get the sea trial and engine survey after the boat is launched regardless of the date. No more money changes hand until then. Again thanks for your help and I will follow your guideline. I will re post looking for a surveyer to general discussion. As you can tell I am new to the forum.
Peter
Peter
