Join Date: Jun 2005
Location: Marathon, Florida
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Re: Working with sellers who refuse a pending survey contract
You can make a good faith offer with a deposit placed in escrow contingent upon a survey. To ease the seller's mind you put in the agreement of sale that you are buying the boat unless a major safety or structural issues are found costing over $x to remedy. In other words you're buying it unless the motor is about to drop through the bilge.
You protect yourself against buying a boat that is not seaworthy and the seller gets the boat sold.
If they're unwilling to do that move on as it may very well be unseaworthy.
“The sail, the play of its pulse so like our own lives: so thin and yet so full of life, so noiseless when it labors hardest, so noisy and impatient when least effective." - Henry David Thoreau