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Buying from a private party, not a broker
Does anyone have comments on buying a boat from a private party, not through a Broker? I know it happpens every day, but I wonder how involved it is and what should be done.
My idea:
1) locate boat
2) if remote, establish price subject to survey & sea trial Before traveling to see.
3) Go and look at boat
4) If acceptable, get surveyed & do sea-trial.
5) finalize price
6) exchange money for keys
7) Go sailing!
The parts I''m unclear about involve buying a CG documented vessle. Here in California, the DMV handles boats like cars, but I don''t know yet what the CG does & if I can (or should) do it myself.
Tom Boles
SF Bay
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