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Go Back   SailNet Community > On Board > Boat Review and Purchase Forum > Trade a House for a Catamaran
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Thread: Trade a House for a Catamaran Reply to Thread
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Topic Review (Newest First)
01-24-2013 09:36 AM
nmejicano
Re: Trade a House for a Catamaran

Oh well. I hope you did buy your boat.
01-24-2013 08:30 AM
TropicCat
Re: Trade a House for a Catamaran

I think they did explore other options. The post you responded to is almost 5 years old.
01-24-2013 03:27 AM
nmejicano
Re: Trade a House for a Catamaran

You need to explore other options. I retired 2 1/2 years ago and my wife is retiring at the end of this year. We got a home equity loan on the house and bought a used Gemini. We plan to live aboard and cruise the islands and we will be renting the house to pay for the loan. Just one more way to think about it. By the way, I am a licensed captain and have a small charter business that also help in paying some of the expenses.
11-04-2012 10:02 PM
unchartedadam
Re: Trade a House for a Catamaran

Hi, ever make a deal? Have a 2008 Manta sail cat I'm ready to get out of.
08-21-2012 08:23 AM
SuburMerce
Re: Trade a House for a Catamaran

SWAP: We also want to exchange one apartment for a catamaran. Can anyone tell us if we can find some website to give us information.
Thank you.
04-14-2012 04:33 PM
aztucwatson
Re: Trade a House for a Catamaran

You may want to explore all options. With a "soft" market, we have decided to buy a smaller boat and offer our house as a vacation rental. All the pieces of the puzzle aren't together yet, but we are enjoying the boat!
04-12-2012 02:37 PM
getwet
Re: Trade a House for a Catamaran

I have to agree with everyone here. Sell and buy rather than trade. It just seems to be the smarter way to go. But I admire your ambition to take on a Cat. They are they way to go. I also have a Hobie 16 in case you're interested!
03-27-2012 11:06 PM
zeta
Re: Trade a House for a Catamaran

Houses are at a ten year low, I know, just sold one appraised at 465K for 325K.....but if you price it lower than comps it will sell. Boats are much worse than houses, so you should be able to get a great boat for say 300-350K, but upkeep costs on such a boat is something not to be overlooked. Like others have mentioned, a 150K boat will probably fit your needs and 200-250K will give you quite a few years of cruising. Not sure what your house would rent for but that or owner financing will give you a nice cruising kitty, but then there's the cost of the boat.
Good luck and remember it's only money....if you lose a little on your house, you will recoup it on your boat, and if you worry about your house losing too much money, wait till you try and sell that 350K boat
03-27-2012 10:00 PM
GboyCruz
Re: Trade a House for a Catamaran

Overall this is not such a crazy idea for a temporary trade. Many people want to cruzing and many are wanting to return to land for a while. Location as always the biggest issue..while I want to go cruz the Caribbean, how many just happen to need a home in Atlanta for 2-3 years ..not too many, but many maybe willing to comprimise.

Naturally a trust and legal arrangement must be set-up..but I would very much like to see such an idea work ??

Gboy
08-24-2009 10:02 AM
Sailmachine Looks like everyone is assuming that the house is paid for which would allow the full $400k or so, that the house is worth for the boat. However I doubt this is the case. Depending on the amount of equity is in the house the trade for the Hobie 16 may be a fair deal.
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