I'm interested in buying
this winter/spring and I'd appreciate it if somebody could walk me through the boat buying
process. My research
has yielded the general steps, but I'm wondering about the specifics. I'm a US citizen living in the US, but right now I'm interested in a couple boats in northern Europe
, so I'd appreciate learning
what, if any, the differences are.
As I understand it, the basic steps are the following:
-Contact the selling broker (which I've done)
-Ask questions that are not answered by listing (done)
-Arrange a viewing (in process)
-Depending on interest, make an offer
-If the offer is accepted, negotiate and sign a p&s contract
and pay deposit to broker
-Depending on results, recover deposit, renegotiate and/or set closing
-Pay remaining amount and close
(or if in Europe
, de-register and register in US)
Please let me know if I'm off base on this process. Do I need to have insurance
lined up before closing?
Specifically for buying in Europe, I have questions about the timeline, and things that need to be done pre-purchase. If I'm arranging a trip to see one or more boats in difference cities in northern Europe, how much time should I arrange for each boat? Should I expect to potentially put in an offer and get to the survey
step in one trip? Should I find a surveyor
and rigger beforehand just in case? or will it most likely require a second visit after a contract
I'm looking at two sailboats, a 45 footer and 52 footer. In the US, I don't think there are any requirements for the operation of private pleasure vessels by the owner, will I run into issues in Europe? At this point I am not sure if I will have the boat shipped to the US or if I will hire a captain
to sail it here. If I ship the boat back, I'd like to take the boat from the port of purchase
to the loading port. Will I have to hire a captain
to help with that?
If I de-register the boat in the country of purchase
, when does it have to be re-registered in the US? before I can move it anywhere? or can I wait till it gets delivered to the US, by either method?
I'll probably have additional questions, but right now, those are what I'm wondering about. Thanks!