Originally Posted by smackdaddy
In my case of buying my Hunter it was disclosure - offer. I went down and spent a couple of hours on her, checking out everything I possibly could. I found a lot of things that I had questions about. I sent the broker and owner that list, plus a list of many more that would pinpoint potential problems. Their answers to all those questions (about 20 of them) was disclosure prior to offer.
I then made the offer and entered into a contract that was contingent of survey, that stated that the offer was up for renegotiation if deficiencies were found in the survey. They were - and those let me push the purchase price lower than my already low-ball offer. I pushed until the broker got very nervous.
Now, yes, had the owner balked and walked - I would have eaten the costs at that point. But he didn't and we closed the deal and are still in touch. He'll be sailing with me soon. I got a great deal - he got out from under the boat. And I was very satisfied with the disclosure prior to my offer.
I think the system works pretty well.
You and I would get along! This is exactly the way I do it. Check it out, ask questions, make a go - no go decision based on those answers.
That said, i was and am amazed at the number of brokers who answer my questions with 'Make an offer and get a survey." That's the part I have the issue with. Without the answers to those intial questions i'm not sure i want to make an offer. Disclosure - offer
BTW, i went on the blog and chked out the pixs of your boat. You did well!!! That puppy is gorgeous!!!!