I had to weigh in again. I’m a broker. We use the YBAA standard contract which is buyer friendly. Until the buyer signs an acceptance, they are not committed. The offer is accompanied by a 10% refundable deposit. Before the vessel is accepted, the seller can entertain other offers, but is is only ethical for the seller to allow the others to meet/beat. We would not share offer valuations.
Going through a broker provides some safety as they can hold funds in an escrow account and handle the distribution and settlement. Regardless of how much a boat costs, like with any real estate, it involves two strangers typically. If I can help a fellow C&C’er, drop my a private email. Neil Andersen 1982 C&C 32, FoxFire Rock Hall,MD Neil Andersen 20691 Jamieson Rd Rock Hall, MD 21661 ________________________________ From: CnC-List <cnc-list-boun...@cnc-list.com> on behalf of WILLIAM WALKER via CnC-List <cnc-list@cnc-list.com> Sent: Friday, April 19, 2019 9:02 PM To: cnc-list@cnc-list.com Cc: WILLIAM WALKER Subject: Re: Stus-List 35 Mk2 sea trial tomorrow - newbie advice needed It's probably the lawyer in me, but 1. don't give cash, 2. don't give a post dated check...he needs to show some trust in you, and 3. don't trust him not to peddle your offer. period. a contract is a contract. The deal is with you or there is no deal. sorry, but I have seen a 1000 go bad. Bill Walker CnC 36 Bill Walker ________________________________ On Friday, April 19, 2019 Shawn Wright via CnC-List <cnc-list@cnc-list.com> wrote: I have told the seller already that I have $10K in cash (from the last deal that went south) ready to hand him, and the rest by cheque. I will give him a deposit and signed offer tomorrow after the sea trial. Is 10% a typical deposit? I will probably give him a cheque, post-dated to the date of the haulout, which is when we expect to complete, unless he wants cash. He has already stated that he wouldn't tell the other buyer the price, but would just tell him that sorry, he has accepted a written offer. It seems to contradict his earlier comment where he said he'd give the other guy the chance to make an offer, but I think he now has serious doubts about the other guy actually completing. We are prepared to complete as soon as I can be satisfied with an inspection, sea trial, and finally a haulout inspection (which is scheduled for 2 weeks from now). I'm trying hard to remain emotionally neutral (lots of practice at this!) and be prepared to walk if something serious comes up, or adjust the price accordingly, but I don't expect that to happen, aside from the deck issue around the chainplates. This is one area where a proper survey might pay for itself, if the surveyor could place a dollar figure on the repair, but surveyors are booking a month out right now. I will still keep trying though, since I will need one to renew insurance in a year anyway. (the insurance company has already agreed to reinsure for new owner based on 4 year old survey). I guess it's possible that something during the sea trial goes wrong also, but the boat is well equipped and said to sail so well, so this seems unlikely. Fingers crossed! On Fri, Apr 19, 2019 at 2:47 PM Bill Coleman via CnC-List <cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com>> wrote: Like they say, money talks and bullshit walks – Eg, whomever has a deposit on the boat is first in line, in anything I have ever dealt with. Bill Coleman C&C 39 Erie, PA Honestly, I would not let the seller peddle your offer to the other buyer. Tell seller if he accepts your offer you expect to hold him to it. If he feels he needs to give other buyer a last shot, he should say to him, sign a contract or I am moving on to next in line... Bill Walker ________________________________ On Friday, April 19, 2019 Gary Russell via CnC-List <cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com>> wrote: Hi Shawn, The 35 Mk II is a fantastic boat (I owned one), but purchasing without a survey is quite risky. You seem to understand that, so I won't belabor the point. Dennis is right (usually is), the tabbing of the forward bulkhead can be an issue, but is not particularly difficult or expensive to fix. Mine was broken, but I fixed it myself and never had any more problems. I would be more concerned about the balsa coring in the deck. Without the proper tools (moisture meter), I don't know how you are going to check for that. You can tap on the deck with the handle of a screwdriver, listening for the softer sound, but without experience, I'm not sure how successful you will be. Do you have access to the mechanical inspection? Replacing the engine or transmission for whatever reason can be very expensive. Should at least do an oil analysis of the engine and transmission as well as a compression check of the engine. Are you experienced enough to evaluate the condition of the sails. Even if they don't have rips or holes in them, it doesn't mean they are not all bagged out and useless. A decent main sail might cost you $3-4K. The reality is there are many things that can go wrong with a sailboat that seem simple but cost a lot to fix. I'm not trying to be negative, just realistic. If you get a good 35 Mk II, you will really enjoy a wonderful sailing boat. Best of luck, Gary S/V Kaylarah '90 C&C 37+ East Greenwich, RI, USA ~~~~~~~_/)~~~~~~ On Fri, Apr 19, 2019 at 3:49 PM Dennis C. via CnC-List <cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com>> wrote: Look at all the bulkhead/hull tabbing in the fore section. Forward of the head and hanging locker. Dennis C. Touché 35-1 #83 Mandeville, LA Sent from my iPhone On Apr 19, 2019, at 2:39 PM, Shawn Wright via CnC-List <cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com>> wrote: I'm happy to report that we have agreed on a price, subject to a sea trial and survey. Unfortunately, there are no surveyors able to conduct a survey for 3-4 weeks, so we may consider foregoing that and instead do a very thorough inspection of the boat myself, followed by a haulout inspection in a few weeks. The situation is a bit unusual: the seller has done a sea trial with another buyer, and the buyer paid for a mechanical inspection, and has a survey booked in 2 weeks. But that buyer has not made a formal offer (not sure why the seller didn't insist on this). The buyer has been "waffling", and the seller doesn't seem confident he will complete, so he is inclined to accept an offer from us subject to a final haulout inspection by myself, and then tell the other party he has an accepted offer. It's still possible the other party will counter with a higher offer. We will not go any higher, and I'm already a bit uncomfortable foregoing a survey, since we'll need one a year from now to renew the insurance (we can use a 4 year old survey for another year). That old survey showed no issues at all with the boat, including electrical and propane, two areas that are usually a problem. As I said, a very unusual situation, but I think the seller is a solid guy, although I do question his selling practices - I wouldn't have gone this far without an offer from the other guy, and I wouldn't squeeze the other guy out, since I know what that feels like... it's already happened to us once. Anyway, looking forward to the sea trial tomorrow. This will be the chance to see/hear the engine run, and get comfortable with the sails and rigging. Appreciate any tips for things to watch for. And I'm fully expecting a few people to call me crazy, so don't sugar coat it... I am still prepared to walk away if I get a bad feeling at any time. -- Shawn Wright shawngwri...@gmail.com<mailto:shawngwri...@gmail.com> _______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray _______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray _______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray _______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray -- Shawn Wright shawngwri...@gmail.com<mailto:shawngwri...@gmail.com> _______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray
_______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray
