Dear all, great post
is a guideline only, subject to the findings of the survey
, intended to check state of affairs and any structural defects of top of normal wear&tear.
Have in mind that:
- it does not matter whether the owner told/knew y/n things... just Facts count...
- i have little faith that even a serious 6hrs survey
may assess everything in full. Better, the contrary holds true!
Therefore, after you pay for survey, reach new consensus price
or withdraw, and have a Reservation Clause about hidden surprises for say 10-20% of final agreed price, payable later.
the more so, depending on age, status, foreseeable complications and size...
surveys are good at assessing ideal market value and at detecting hull/motor failures only.
Surveyors know little about rigging
(yes!) and much less about fixings all around. They come in with a 150usd humidity tester, a lamp and a 4hrs check list of little use, as any boat has its own story....buhm!!.. good only to ascertain hull/blade problems, on dry deck
a shipyard worker is much more useful than an engineer/expert, believe me
You will regret you cant reasonably ask for a 30+% R.clause :-)