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Question for

I recently inherited a 27 foot 1983 pacific sea craft from a deceased relative, and know absolutely nothing about boats etc. I was looking for any information that anybody has about the popularity of this boat, the quality, value, etc. I am just wondering what it would likely sell for in bad vs good vs great shape, or wether this type of boat is worth selling at all vs donating. I will be having a surveyor check the boat out, as I am across the country with a new baby and am unable to check it out myself. If anyone has any information or is familiar with these boats in all conditions as I am unsure of the condition, please let me know. I am sorry for such a vague post, but I figured this seemed like a pretty good place to find some random information out. Thanks in advance.
 

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Re: Question for

Check out yachtworld, and enter the make and year etc, to see what others are listed for.
 

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I don't know anything about that boat, but you might want to check yachtworld dot com. You can do a search there by make/model/size. A quick glance there a second ago suggests that your boat may have pretty good resale value compared to others of the same size and vintage.
 

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Thanks for the information. I didn't realize i posted it more than once in the same thread, and figured i'd post in multiple threads hoping for quicker/more responses in case certain threads were not read as often. Sorry that bothered you, and thanks for pointing that out though, hopefully it made you feel better to do so.
 

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Ashtwk,

There is also a "boat buying assistance" thread at the top of this forum. The way that works is, you may be able to find someone who lives in the area where your new boat is, and they can go have a look for you. That could provide a general impression of condition, value of options present on your particular boat, etc.

Also, I detected a bit of needless snark in your last post. You won't be needing that with the friendly folks on this site!

Cheers, and good luck.
 

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Re: question for experienced boat owners

While the death of your family member is a sad event and you have my sympathies, that you have been left his/her yacht is a "Windfall" (and, if you are at all into sailing, might make an appropriate name). Pacific Seacraft is one of the "World's Best Boats" (or at least the US's Best Boats) and the 27 footer, the Orion, is one of Pacific Seacraft's best models. It is world wide capable yet also makes a great coastal cruiser. The 1983 model of the yacht will be worth something between $49 and $60 thousand dollars (US)--depending upon condition--if you choose to sell her, but will be priceless to you if you are at all interested in the sport/avocation of sailing.

I'm sure others here abouts will agree and have more to offer. FWIW, if the yacht is in Florida, I will be happy to help as I'm sure others here will be in other venues.

Good Luck...
 
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Re: question for experienced boat owners

Thank you so much for your reply, I appreciate it. The boat is actually located in San Diego, CA. I know nothing about boats, and unfortunately have no use for it where I live, so must sell it. I will look for someone to check the boat out for me, but was also looking for some general information about it. I am hoping for a boat in good shape, but do you know if these type boats still sell in less than good/bad shape? Or how much they would go for in that instance. Thank you again for your kind words.
 

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Re: question for experienced boat owners

Thank you so much for your reply, I appreciate it. The boat is actually located in San Diego, CA. I know nothing about boats, and unfortunately have no use for it where I live, so must sell it. I will look for someone to check the boat out for me, but was also looking for some general information about it. I am hoping for a boat in good shape, but do you know if these type boats still sell in less than good/bad shape? Or how much they would go for in that instance. Thank you again for your kind words.
The boat being in San Diego is an advantage (vis-a-vis selling) in that Pacific Seacraft are/were built on the west coast and are well known there by the sailing community. The top end for the value of the boat will be about $65,000 less the cost of any deferred maintenance and up-keep and your tolerance/patience for the listing/selling process which will, of course, involve berthing, insuring and maintaining the yacht until she's sold which is/will not be particularly inexpensive. Before going further, however, has the estate been settled and title to the yacht been transferred to you and/or do you have letters testamentary (issued by the Court) giving you authority to take charge of the management and control of the yacht? Absent those--or a conveyance of title to you--you won't be able to do much of anything with the yacht. Then there are steps to take.
 

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Re: question for experienced boat owners

It is in the process of being settled, and I am the sole heir. I have not yet transferred titles, however I do have an attorney in san diego working the case for me. I figured in the mean time I would try to find out as much information as I can.
 

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Re: question for experienced boat owners

It is in the process of being settled, and I am the sole heir. I have not yet transferred titles, however I do have an attorney in san diego working the case for me. I figured in the mean time I would try to find out as much information as I can.
I will respond further tomorrow. It is late here and I have other tasks yet. Again, please accept my sympathies.
 

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Re: question for experienced boat owners

Ash, what you probably need to do is retain a boat broker in San Diego, preferably one who is near the boat or one who can keep the boat at their brokerage. A broker will probably take 10% of the sale, but a good broker will earn that by advertising and showing the boat and doing the grunt work for you, as well as keeping on eye on it to make sure it does sink (these things do happen) while it is waiting.

Some of the forum members are probably local and can recommend someone to you, or your attorney may be able to get some references.

And yes, a boat that is clean and shiny and in good condition shows better and sells for more. It probably pays for you to have someone clean it up, clean it out, spruce it up a bit mainly with soap and water.

A buyer normally pays for their own survey to ascertain the condition of the boat, so unless you suspect some problem there is no need for you to hire one. The survey becomes the property of that prospective buyer, so if they back out because it has found problems, you may be expected to buy a copy--not just be given one.
 

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That's a nice boat. Bummer that it sounds like you won't be able to enjoy it.

It would be very difficult to determine value of a 30 year old boat with the scant information you have. Was the relative an avid sailor, and did he sail regularly in recent years? Or has it been sitting in a yard for the last 10 years? Even that might give some clues.

Regardless, it likely has some value vs. being a donation boat.
 

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Why don't you arrange for a marine surveyor to visit the boat to determine its condition and value? This should only cost you a few hundred and a survey will be useful to have when determining and negotiating the selling price.

On the other hand, take it as an omen and take up sailing! The Orion is a nice little boat.
 

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I believe it is located at the san diego mooring company. As much as I would love sailing, I am located in Ohio, and would not have the ability to do much. I would like to sell it to someone who would really enjoy it and take care of it because I know how much my family member loved his boat.
 

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Re: question for experienced boat owners

Ashtwk--

Firstly, as you seem to have repeated your post several times and have several different threads going concurrently, it would be wise to contact one of the moderators and ask him/her to combine your various threads into a single thread (for the sake of convenience). That is not difficult and will make keeping track of suggestions/comments, easier for you.

Next, HelloSailor's suggestions, above, are good ones. Fortunately, there are a number of good brokerage businesses in the San Diego area that can handle to liquidation of the boat. As noted, there is no particular need for you to have a survey done as any buyer in the price range the boat will list at will certainly order one him- or herself. However, an "in the water" survey might be worth considering as, in boat sales, "little things mean a lot" and correcting minor imperfections can have a substantial impact on the marketability and price offered for the boat. As HelloSailor pointed out, cleanliness (and clean smelling) can also make a big difference when selling a boat so getting her "ship shape" behooves your efforts to maximize the yacht's value. Be sure to ask the brokers you speak with about arrangements for keeping the yacht clean. A cleaning/wash down should be done at least monthly, and ideally, every time before a prospective buyer inspects the yacht. Only a few of the brokers I know of include a maintenance regime in their services although most can arrange for that as it will enhance their efforts to sell the boat.

On a relatively smaller yacht, one also wants to eliminate "clutter" (which increases the perception of size/roominess) so it is wise to remove any unnecessary personal gear, stores and the like, leaving only equipment that particularly pertains to the boat aboard, properly stowed and in good order. One might also want to remove gear that, while pertaining to sailing, will not add to the perceived value of the yacht but might be worthwhile separately, in and of itself, if sold (items such as hand-held VHF radios, binoculars, hand-bearing compasses et al). Your broker might be able to help you with that but I would be more inclined to trust the judgment of a knowledgeable friend with nothing to gain in the transaction.

As you indicated you already have an attorney working on the descendant's estate, it will be important for you to determine whether it is in your best interest to transfer title to you as the sole heir (if that is so); or, whether it is better to have the yacht sold by the Executor of the Estate. This is a inheritance tax matter and can have important ramifications for you as California is a notoriously voracious tax venue. It may be that simply moving the yacht out of State could save you quite a good deal of money. (Several people I know that lived in the area actually moved their boats to Ensenada when they decided to sell for that reason.)

A couple of other things you'll need to check into are the existing arrangements for the yacht's berthing/mooring, the registration of the yacht and its renewal; and, the insurance on the yacht. Since it will be going into a brokerage situation, you might be able to save a good deal of money by resetting the limits of coverage to a Port coverage, only. You may also need to amend the beneficiary of the insurance coverage.

Hopefully the foregoing will be helpful. I'm sure others here abouts will also have worth while suggestions.

FWIW...
 
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Re: question for experienced boat owners

Perhaps have a conservative idea of what it's worth.
I dunno about deceased estate boats, but houses I've seen have often not been maintained for years. If this is so for the boat it may well be in a sad state and be worth very little.

And brokerage fees....

I agree with others, have a broker look inside. I wouldn't pay for an air ticket over there if the boats only worth a thousand...
 
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