PerryH
Veteran Member
Hey folks,
I may have found our family's first trawler!
I spent the last 6 months looking at yachtworld and the last two months talking with brokers. Everything was a wash so far using the YW/broker approach.
So I decided to check out Craigslist. I found a great boat within my budget on the first day looking on CL. I've spoken with the owner twice and things are moving forward. If all goes as planned I'll be driving from western NC down to Jacksonville, FL on Tuesday to do the initial inspection.
The seller is not local and has a couple who has been looking after the boat for her. I will be meeting them and they will show me the boat.
The seller is not willing to negotiate the price with me until I have put my feet on the boat. (Which I understand. She is weeding out the tire kickers.). I'm fine with that. She has given me a verbal first right of refusal.
Here are my two initial questions....
Does a boat have a title just like a car?
What things should I be aware of in the process of buying directly from an owner vs. using a broker?
I understand the normal boat buying process with a broker to be:
see the boat
negotiate
go to contract with a 10% refundable deposit
sea trial
survey
close, renegotiate, or walk away
Thanks in advance,
Perry
I may have found our family's first trawler!
I spent the last 6 months looking at yachtworld and the last two months talking with brokers. Everything was a wash so far using the YW/broker approach.
So I decided to check out Craigslist. I found a great boat within my budget on the first day looking on CL. I've spoken with the owner twice and things are moving forward. If all goes as planned I'll be driving from western NC down to Jacksonville, FL on Tuesday to do the initial inspection.
The seller is not local and has a couple who has been looking after the boat for her. I will be meeting them and they will show me the boat.
The seller is not willing to negotiate the price with me until I have put my feet on the boat. (Which I understand. She is weeding out the tire kickers.). I'm fine with that. She has given me a verbal first right of refusal.
Here are my two initial questions....
Does a boat have a title just like a car?
What things should I be aware of in the process of buying directly from an owner vs. using a broker?
I understand the normal boat buying process with a broker to be:
see the boat
negotiate
go to contract with a 10% refundable deposit
sea trial
survey
close, renegotiate, or walk away
Thanks in advance,
Perry
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