What would a fair price be to have a 34' Hunter surveyed? Is it customary for the seller to chip in for this? (first time buyer) Thanks! Robin.
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My recollection
It's admitted fuzzy, but I believe the buyer pays for the haulout and the survey, although naything can be negotiated, I guess.
It's admitted fuzzy, but I believe the buyer pays for the haulout and the survey, although naything can be negotiated, I guess.
Around Here
Around here, NC, it runs about $10 per foot plus the haul out, bottom pressure wash, and splash. It is an expense of the buyer. If you back out of the deal, you loose your cost. Contracted price is usually stated as "contingent on survey" which allows price to be renegotiated based on significant findings of the survey other than those perviously disclosed and normal wear and tear. You can put almost any legal condition into the contract but the trick is getting the seller to agree. Remember unlss stated otherwise, the broker is the agent of the seller and has their best interest as primary concern. Best to do a fairly good of doing a self survey or knowlegable friend survey along with a look at the BUC Book estimated value listing before making the offer and investing in a survey. George
Around here, NC, it runs about $10 per foot plus the haul out, bottom pressure wash, and splash. It is an expense of the buyer. If you back out of the deal, you loose your cost. Contracted price is usually stated as "contingent on survey" which allows price to be renegotiated based on significant findings of the survey other than those perviously disclosed and normal wear and tear. You can put almost any legal condition into the contract but the trick is getting the seller to agree. Remember unlss stated otherwise, the broker is the agent of the seller and has their best interest as primary concern. Best to do a fairly good of doing a self survey or knowlegable friend survey along with a look at the BUC Book estimated value listing before making the offer and investing in a survey. George
Surveyor Costs
In southern Florida, I found rates of between $10 to $15 per foot, thus $340 to $510 for a Hunter 34. I also learned, the hard way, that price charged, has NOTHING to do with the quality of the survey. I think it is unusual for the seller to pay any part of the survey. Would be worth a try, especially if you could hold the seller to the cost if there have been material misrepresentions in the condition of the boat. Seller might have copy of previous surveys, from other potential buyers and from when he/she bought the boat. I would highly recommend looking at HOW archives and learning as much as you can about h34's, (compression post, etc.) before you even have a surveyor look at it. After reading, and closely looking at my potential purchase, I felt confident of the condition of the boat that I bought, confirmed by the survey.
In southern Florida, I found rates of between $10 to $15 per foot, thus $340 to $510 for a Hunter 34. I also learned, the hard way, that price charged, has NOTHING to do with the quality of the survey. I think it is unusual for the seller to pay any part of the survey. Would be worth a try, especially if you could hold the seller to the cost if there have been material misrepresentions in the condition of the boat. Seller might have copy of previous surveys, from other potential buyers and from when he/she bought the boat. I would highly recommend looking at HOW archives and learning as much as you can about h34's, (compression post, etc.) before you even have a surveyor look at it. After reading, and closely looking at my potential purchase, I felt confident of the condition of the boat that I bought, confirmed by the survey.
survey
As a surveyor I would recommend that as a buyer you locate and pay for the survey. You want the surveyor to be obligated to only you. You can then renegotiate with the seller any of the findings on the survey report or, if stated in the P & S, back out of the deal. Make sure the surveyor is a member of The Society of Accreditated Marine Surveyors (SAMS) or The National Association of Marine Surveyors (NAMS). Good insurance and finance companies require this.
As a surveyor I would recommend that as a buyer you locate and pay for the survey. You want the surveyor to be obligated to only you. You can then renegotiate with the seller any of the findings on the survey report or, if stated in the P & S, back out of the deal. Make sure the surveyor is a member of The Society of Accreditated Marine Surveyors (SAMS) or The National Association of Marine Surveyors (NAMS). Good insurance and finance companies require this.
British Columbia Costs
In BC the buyer pays for the haulout, pressure wash (so the surveyor can inspect the hull better) and the survey. Standard survey cost is $10/foot.
In BC the buyer pays for the haulout, pressure wash (so the surveyor can inspect the hull better) and the survey. Standard survey cost is $10/foot.
lost deal over this
The seller of a 34 hunter in florida insisted his boat had no bottom damage including blisters so i requested he pay for the haulout if we found otherwise. he refused and i walked. bought a different boat in maryland, not full of salt damage and heat stroke. you should read my review along with the others in the owners review section for valuable information. This website was my number one source of information. good luck.
The seller of a 34 hunter in florida insisted his boat had no bottom damage including blisters so i requested he pay for the haulout if we found otherwise. he refused and i walked. bought a different boat in maryland, not full of salt damage and heat stroke. you should read my review along with the others in the owners review section for valuable information. This website was my number one source of information. good luck.
Surveyors.. good and bad
My surveyor, a Mr. Brown, failed to provide a written report after 3 requests over a one year period. . As I am on my fifth boat in five years, I am about to discard surveyors. I have never seen such glorious reports on battery sizes, alternator ratings and other foo foo. Sure, they tap the hull and comment on blisters. If this is your first or second boat, pay the $10-12 per foot. Otherwise.. you might want to discard the false security, lift the boat, and have at it. Of course, your lending company may say otherwise. Jim
My surveyor, a Mr. Brown, failed to provide a written report after 3 requests over a one year period. . As I am on my fifth boat in five years, I am about to discard surveyors. I have never seen such glorious reports on battery sizes, alternator ratings and other foo foo. Sure, they tap the hull and comment on blisters. If this is your first or second boat, pay the $10-12 per foot. Otherwise.. you might want to discard the false security, lift the boat, and have at it. Of course, your lending company may say otherwise. Jim
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