That is the funny or interesting thing about buying a boat. You make an financial offer based most often on a picture and description found on the internet. Then you find out
the boat needs X, Y and Z to even begin to be what you pictured in your mind when you first saw the boat. Reality comes down hard when you get the surveyors report. Then the real work begins. What do you need the seller to do versus what you can accept doing. Tricky business.
Another thing I find interesting is when the seller wants to wash his hands of a boat so much that they do little to nothing to make the boat more attractive to the buyer. I am looking at a boat that has food in it left over from who knows when. It's 'poop tank' is almost full, also from who knows when. A half an hour spent cleaning the most obvious of places in the boat would have made a huge difference in its first impression moments. It is like selling a car with the kids McDonalds food left in it. I don't get it.
The surveyor, who makes his living watching these boats change owners explained it to me as the seller just wants to let go and has moved on to his next boat, either literally of figuratively, long before he/she has sold their current boat.
My seller spent a few thousand dollars adding various brand new electronic doo-dads
on to the boat but did not bother to pay the installer to actually get them working. For example the brand spanking new autopilot is not getting power during the survey we did the other day. We were downloading the software for the electronic wonders that had been installed but not actuated during the survey.
The seller has already brought another boat, a trawler though not a sailboat. Sailing was apparently not for him. This transaction is all happening through a broker. A broker who has his work cut out for him. I guess I should be happy that all these signs of carelessness on the part of the seller are in my favor when it comes to the final negotiations....then again...I have already come across sailboat sellers who think of their boats as investments that accumulate buy never depreciate. For example the owner who spent $25k on a boat a couple of years ago, then spent $5k more so in his head the boat is now worth $30k or more notwithstanding he did not get a decent survey done when he brought the boat and paid $7k more than the boat was worth. I hope to keep you all updated as to how this transaction, or lack of transaction, plays out in the days ahead.
I have fastened my seatbelt in preparation for a bumpy ride not unlike Betty Davis
in "All About Eve".