Join Date: Mar 2004
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How do I buy a boat without a broker?
After months of searching I found my boat, but it is offered by a private owner, not a brokerage.
My problem is that I don''t know where to begin.
Should I hire a broker to represent me? Or is this just a waste of money?
A broker would have a contract that spells out a number of things that I wouldn''t even know to include. Where can I get a contract without a broker?
A broker would hold my earnest money check. How does that work with a private owner? Do I give the owner a check and hope he does not cash it? Or is there some other process?
I would appreciate any advice and I am not ashamed to admit I don''t know what I am doing. I have purchased homes and boats before but always with a professional broker in the middle.