Ready to make an offer? Be sure you are 100% ready…
The current defects, problem or issues and the Current Valve will all be clearly listed in the Condition & Value Survey report. The defects, problems and current value may determine whether this is the vessel for you and ultimately the price you will pay. The listed problems or defects can be negotiated into the final price and most often offset the cost of the survey. Areas covered are:
- Complete hull and deck inspection for condition and structural integrity
- Hull - out of the water inspection for deficiencies and damage
- Moisture Meter Testing
- Mast Rigging and Sail inspection if applicable
- All onboard system, including but not limited to:
- Plumbing/pumps, tankage
- Engine external checks
- Fuel system
- Exhaust system
- Generator (if equipped) for condition and functionality
- Safety equipment
- List of deficiencies
- Recommendations and Current Fair Market Value
Is the vessel overpriced to begin with?
Should the sale not be completed…
Many clients comment that the COST of the survey was not several hundreds of dollars out of pocket but a SAVINGS of 10’s or 100’s of thousands of dollars.
Make sure your “Offer to Purchase” includes a “Subject to Satisfactory Survey” clause. Better yet, contact AquaFacts Marine Surveyors and Yachting Services for a valuable consultation on presenting an offer and booking your “Condition and Value” survey. The surveyor works only for you, so get the process started early for the best possible outcome.