Princess 420 1996

You shouldn't have to pay a deposit to have a survey, perhaps take a vp mechanic with you at an hourly rate?
Even if you do pay a deposit make sure you have written terms that it is refundable for whatever reason YOU seem fit.
EBY are not a cowboy outfit and, I'm sure, will assist you with this.
After all, if no one buys the boat they don't get paid.
 
Sneds said:
You shouldn't have to pay a deposit to have a survey, perhaps take a vp mechanic with you at an hourly rate?
Even if you do pay a deposit make sure you have written terms that it is refundable for whatever reason YOU seem fit.
EBY are not a cowboy outfit and, I'm sure, will assist you with this.
After all, if no one buys the boat they don't get paid.
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It doesn't work like that , you have to show your intention to purchase before you survey . It protects the buyer and the seller.
Imagine you were to buy my boat and I agree not to take a deposit , you pay for lifts and a surveyor all is good and you like the boat but I get a better offer the next day, legally I'm allowed to sell the boat to anyone as ther is no contract between us because there was no deposit, get the picture ? A contract with a deposit is a holding bond in which it protects the buyer and seller from cases like this, also look at it if you were buying abroad , you spend on hotels and flights, arrive and the boats already under offer while you 30000 ft in the air, a deposit secures you against this happening. Look at it from a sellers point, you don't pay a deposit but he's kind enough to give you a sea trial at his cost, time and fuel, you don't like the boat which isn't a good reason not to back out, again a deposit will secure the seller and he's entitled to take his expenses from the deposit to cover his loss. I could go on but I won't.
 
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volvopaul said:
It doesn't work like that , you have to show your intention to purchase before you survey . It protects the buyer and the seller.
Imagine you were to buy my boat and I agree not to take a deposit , you pay for lifts and a surveyor all is good and you like the boat but I get a better offer the next day, legally I'm allowed to sell the boat to anyone as ther is no contract between us because there was no deposit, get the picture ? A contract with a deposit is a holding bond in which it protects the buyer and seller from cases like this, also look at it if you were buying abroad , you spend on hotels and flights, arrive and the boats already under offer while you 30000 ft in the air, a deposit secures you against this happening. Look at it from a sellers point, you don't pay a deposit but he's kind enough to give you a sea trial at his cost, time and fuel, you don't like the boat which isn't a good reason not to back out, again a deposit will secure the seller and he's entitled to take his expenses from the deposit to cover his loss. I could go on but I won't.
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I fully agree with VP but my issue is that the boat has been up for sale for over two years so there might be a big issue with it and people have walked away from ?

so although I agree with a deposit I want to make sure I start at the right price.
 
volvopaul said:
It doesn't work like that , you have to show your intention to purchase before you survey . It protects the buyer and the seller.
Imagine you were to buy my boat and I agree not to take a deposit , you pay for lifts and a surveyor all is good and you like the boat but I get a better offer the next day, legally I'm allowed to sell the boat to anyone as ther is no contract between us because there was no deposit, get the picture ? A contract with a deposit is a holding bond in which it protects the buyer and seller from cases like this, also look at it if you were buying abroad , you spend on hotels and flights, arrive and the boats already under offer while you 30000 ft in the air, a deposit secures you against this happening. Look at it from a sellers point, you don't pay a deposit but he's kind enough to give you a sea trial at his cost, time and fuel, you don't like the boat which isn't a good reason not to back out, again a deposit will secure the seller and he's entitled to take his expenses from the deposit to cover his loss. I could go on but I won't.
Click to expand...

Well put, I never thought of it like that
 
mainshiptom said:
I fully agree with VP but my issue is that the boat has been up for sale for over two years so there might be a big issue with it and people have walked away from ?

so although I agree with a deposit I want to make sure I start at the right price.
Click to expand...

Well it's easy then - pay a deposit and take a risk on the survey turning up something you don't like, or don't pay a deposit and take a risk on some other purchaser gazumping you. The boat's been for sale for two years. I know which risk I'd take.
 
mainshiptom said:
I fully agree with VP but my issue is that the boat has been up for sale for over two years so there might be a big issue with it and people have walked away from ?

so although I agree with a deposit I want to make sure I start at the right price.
Click to expand...
If there is past purchase history and there are defects with the boat I'd ask Boats to disclose this in writing, if they won't I'd smell a rat and walk away, that my friend will cost you nothing.
 
jimmy_the_builder said:
Well it's easy then - pay a deposit and take a risk on the survey turning up something you don't like, or don't pay a deposit and take a risk on some other purchaser gazumping you. The boat's been for sale for two years. I know which risk I'd take.
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good advise, thanks
Price agreed and deposit to be paid today, anyone can recommend a good surveyor in Essex Area?
 
mainshiptom said:
good advise, thanks
Price agreed and deposit to be paid today, anyone can recommend a good surveyor in Essex Area?
Click to expand...

I would have no reservation in reccomending Ian Lumley, he is normally on his boat Suffolk based but did an excellent job for us with our Broom purchase. Dual benefit of Survey and being around commerial engines most of his life - ian@lumleymarine.co.uk



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