Cruisers Forum

Join CruisersForum Today

Thread Tools Search this Thread Rate Thread Display Modes
Old 16-10-2019, 21:02   #1
Registered User

Join Date: Dec 2015
Posts: 610
Help me buy a boat

I've been looking at boats, for a while. And I think I've found one I'd like to make an offer on.

So far I've:

* Met with the broker,
* Crawled through the boat, looking at this and that, opening up lockers, lazarettes, bilge panels, etc.,
* Talked to a marine surveyor in the town where the boat sits,
* Talked to the management of a boat yard/marina near me where I'd plan on keeping the boat,
* Did a bit of research on what would be involved in trucking it from where it is to where I want it,
* Checked on insurance,
* Etc.

The next step, I think, would be to make a formal offer, conditional on survey.

Can anyone point me to suggested or recommended language?

There are websites full of boilerplate legal documents for all sorts of things. Are there any for this?

If this were a $400,000 boat, I'd hire a lawyer.

If it were a $4,000 boat I'd hand him the cash and take my chances.

But it's a $40,000, which puts me somewhat in the middle. It's too much money to just take a gamble, but not enough to justify significant transaction costs.
Jdege is offline   Reply With Quote
Old 16-10-2019, 23:45   #2
Registered User

Join Date: Jul 2005
Location: Bellingham
Boat: Outbound 44
Posts: 8,179
Re: Help me buy a boat

You tell the broker you want to make an offer contingent on survey and seatrial(usually). They will send their standard contract offer form. Read careful and adjust as needed. Send in a deposit and see how it flies.
Paul L is offline   Reply With Quote
Old 17-10-2019, 01:13   #3
Registered User

Join Date: Jun 2018
Location: Seattle
Boat: Bavaria 35E
Posts: 99
Re: Help me buy a boat

Paul is correct. The broker has a standard form which is usually titled a "Purchase and Sale Agreement." That's all you need to get the ball rolling.
nightowle is offline   Reply With Quote


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Buy a barebone or buy a loaded used boat? AmirB Monohull Sailboats 35 30-09-2017 13:56
Buy Cheap and Refit Yourself or Buy Turn-Key? Tspringer Dollars & Cents 43 22-06-2009 04:30
1975 Morgan -to buy or not to buy???? HELP Jennybug Monohull Sailboats 24 16-05-2008 16:01

Advertise Here

All times are GMT -7. The time now is 02:05.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.