Duncan,
I keep seeing your boat, but not *you*. <G> I'm up on the hard at Marina Bay, too... see you in the spring!
Neil
103355.34@compuserve.com
CD28
Moderator: Jim Walsh
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Neil Gordon
Re: CD28
Mike,
Make your deal first, then arrange for a survey. Make sure the contract is subject to results of a survey that are acceptible to the buyer!!!
The surveyor will surely find things that need to be corrected. If significant, use the survey as a means of renegotiating the price. We did this with our CD28... saved more than the cost of the survey, plus left the closing with a good list of less serious things that needed to be corrected.
Neil
103355.34@compuserve.com
Make your deal first, then arrange for a survey. Make sure the contract is subject to results of a survey that are acceptible to the buyer!!!
The surveyor will surely find things that need to be corrected. If significant, use the survey as a means of renegotiating the price. We did this with our CD28... saved more than the cost of the survey, plus left the closing with a good list of less serious things that needed to be corrected.
Neil
103355.34@compuserve.com
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Paul Grecay
Re: CD28
Hello Mike,
You are going through the tribulations I encountered when boat hunting. I am now the owner of a CD 28 and I am crazy about the boat. It is just the right size...I like the 30's but they are a whole 'nother boat and the 28 is perfect for me. The other guys who responded with regard to survey are correct. Make your offer (don't be shy about this...I will tell you why in a moment), and make it contingent on your acceptance of the survey with no obligation to buy. And repair should not be the sellers option obliging you to buy the boat. My surveyor included his recommendation for the current worth of the boat in the survey. By the way, the survey is YOUR property (you bought and paid for it) and you are under no obligation to show any part of it to the seller...so the seller doesn't need to know what your surveyor thinks the boat is worth. When I bought my CD the asking price was 20K (I will be direct here and give dollar figures so you can get some ideas on how these things go). BEFORE the survey I offered 15K based on what I wanted to pay and my own observations of what I thought needed to be done. This was accepted (I was real happy) so I had the survey done. I hired a separate surveyor just for the diesel (which was in rough shape as I knew, but I wanted to get documentation of the details). I knew I could back out if the surveys were unacceptable to me and the broker (you could also do this without a broker) wrote the initial contract to include that clause. Since our starting price was now 15K and based on the details of the surveys I made a new offer of 10K. It was november and the weather was getting cold...the offer was accepted and the boat was mine. The engine surveyor helped me rebuild the Volvo (I bought all new parts from him...valves, rings, crank throw bearings, gaskets) and I had a minor repair done in the cockpit....cost some money and alot of time, but it was a good deal. If the boat did not need the engine work or other minor repairs, I would gladly have paid 17K....I am not sure it is worth it to pay less and do the work...but at least the work was done well and I trust it...so no complaints. The moral of the story is there is a CD 28 out there....keep looking...and if you get one, you won't be sorry. I know of one out here that was on the market for 13,500....a beauty (1977) ... needs some repair done to the chain plate I think...but I may be wrong. Let me know how it goes.
Paul
rfurman@dmv.com
You are going through the tribulations I encountered when boat hunting. I am now the owner of a CD 28 and I am crazy about the boat. It is just the right size...I like the 30's but they are a whole 'nother boat and the 28 is perfect for me. The other guys who responded with regard to survey are correct. Make your offer (don't be shy about this...I will tell you why in a moment), and make it contingent on your acceptance of the survey with no obligation to buy. And repair should not be the sellers option obliging you to buy the boat. My surveyor included his recommendation for the current worth of the boat in the survey. By the way, the survey is YOUR property (you bought and paid for it) and you are under no obligation to show any part of it to the seller...so the seller doesn't need to know what your surveyor thinks the boat is worth. When I bought my CD the asking price was 20K (I will be direct here and give dollar figures so you can get some ideas on how these things go). BEFORE the survey I offered 15K based on what I wanted to pay and my own observations of what I thought needed to be done. This was accepted (I was real happy) so I had the survey done. I hired a separate surveyor just for the diesel (which was in rough shape as I knew, but I wanted to get documentation of the details). I knew I could back out if the surveys were unacceptable to me and the broker (you could also do this without a broker) wrote the initial contract to include that clause. Since our starting price was now 15K and based on the details of the surveys I made a new offer of 10K. It was november and the weather was getting cold...the offer was accepted and the boat was mine. The engine surveyor helped me rebuild the Volvo (I bought all new parts from him...valves, rings, crank throw bearings, gaskets) and I had a minor repair done in the cockpit....cost some money and alot of time, but it was a good deal. If the boat did not need the engine work or other minor repairs, I would gladly have paid 17K....I am not sure it is worth it to pay less and do the work...but at least the work was done well and I trust it...so no complaints. The moral of the story is there is a CD 28 out there....keep looking...and if you get one, you won't be sorry. I know of one out here that was on the market for 13,500....a beauty (1977) ... needs some repair done to the chain plate I think...but I may be wrong. Let me know how it goes.
Paul
rfurman@dmv.com