Last night we received the soft copy for the survey of the vessel we are considering. As I mentioned before, I flew out last Wednesday and then spent Thursday with the surveyor going over the boat in detail. He’d already spent a good deal of time (I’d hired him as a consultant to act as my “eyes on site” before I decided to make an offer. He reported the boat in good shape with apparently minor issues and suggested I probably would like to pursue the purchase. He also suggested a “full survey” with me present.
As it turns out, he did almost the entire survey without me, charged me a couple of hours of his time and didn’t write the actual report. What he really did was spend more than two hours and had all his notes and showed me everything wrong he’d found. The survey reflects his work on both days and is thorough in detail. Being there in person is a highly recommended experience for any potential boat purchase – in particular larger vessels like this one. I personally can recommend being present. You can ask questions and they will explain things to you. The surveyor’s purpose is to evaluate the vessel and then place an appraisal on said boat.
So – as expected the images of the problems were in the report. A basic explanation of “adequate” or “outstanding” or “critical” by each item found is there to help the boat purchaser to make their final decision.
Needless to say, my wife and I had questions of each other mostly. None of the surveyor. All said, there is little in the boat that needs repair, and that which does is something *I* can do easily with a few hours of work. My time isn’t cheap at the moment, but will be soon enough.
We signed the acceptance agreement last night about 9pm EST and sent it on to the broker.
We go to close on 7 January 2015.
Anyone interested in a 5 bedroom, 2 bathroom home in Colorado Springs? Let me know. We’ll be going on the market in late January to early February.