GalaxyGirl
Senior Member
Judging a book by it's cover is one of the stupidest mistakes that a broker could make.
This is my update.
This is my update.
Judging a book by it's cover is one of the stupidest mistakes that a broker could make.
This is my update.
GG, I believe that we are getting down to some honest talk. You are not ready to buy a boat, and if you did it would be contingent on the sale of your home. Do you take contingency contracts on the sale of your houses? Will you hold your houses until a prospect sells theirs?
I think we have been getting some mixed signals. At least we have some misunderstandings. Get a buyer's broker, and give him or her a clear understanding on where you stand and how you want him to work. They can keep you in mind by following the market. They can also give you a realistic idea of the price to expect on what you want. Don't expect a broker to go around dropping low ball offers on every boat on the market. That is not the way to buy a boat. Get realistic and stay with a good broker.
GG, I believe that we are getting down to some honest talk. You are not ready to buy a boat, and if you did it would be contingent on the sale of your home. Do you take contingency contracts on the sale of your houses? Will you hold your houses until a prospect sells theirs?
I think we have been getting some mixed signals. At least we have some misunderstandings. Get a buyer's broker, and give him or her a clear understanding on where you stand and how you want him to work. They can keep you in mind by following the market. They can also give you a realistic idea of the price to expect on what you want. Don't expect a broker to go around dropping low ball offers on every boat on the market. That is not the way to buy a boat. Get realistic and stay with a good broker.
If the pending sale falls though at/after Survey surely it tells you something.Now, the boat that I do love, the listing broker said is sale pending, so I have to wait until survey to see if it is sold or not.
I couldn't agree more.
You aren't ready. You are a tire kicker with an if come maybe. When you are really ready, have the cash and or financing in hand, you will be treated differently by the brokers.
Good luck with the sale of your home and I hope you find the right boat.
Contingencies on homes selling happen all the time in real estate, it's standard practice.
I said in my post that it was a fat chance that they would would wait, but worth a try.
You are forgetting that I am still active in real estate. Yes, we take some contingency contracts, but we have a 48 hour right of refusal written in. If we get another acceptable offer the first purchaser has 48 hours to decide if they want to match it. We don't hold product until people decide if they want to buy.
If the pending sale falls though at/after Survey surely it tells you something.
I can appreciate all of your responses.
I guess what it boils down to for me is that I have a particular style of boat that I will buy. That being said, I also have an open mind at this point to the possibility that I could change my mind right up the point of purchase.
I decided to look at some other boats that weren't necessarily the boat that I loved, but boats that I know could work, just to be sure.
I have been trying to set up appointments to see these other boats by calling the listing broker direct. I haven't had a lot of luck yet. However, when I do find the boat that I love, which I feel I may have yesterday, I will get a hold of the broker come hell or high water because I will be motivated.
Now, the boat that I do love, the listing broker said is sale pending, so I have to wait until survey to see if it is sold or not.
Also, my house is on the market, once it is sold I will be on a warpath. I would like to find the boat before the house is sold, so that I can transition from one to the other, but some things are out of our control and work out how they work out.
It wouldn't make much sense for me to fly around looking at boats now. I am better off waiting for the house to be sold, then I can make an offer on the spot when I find the boat. But, I will keep looking. And if the boat that I found yesterday doesn't sell, I'm sure that I will make an offer contingent upon satisfactory viewing and survey. If the house isn't sold yet, I might try and negotiate my way into them holding it for me, fat chance, but it doesn't hurt to ask.
Dear Gal Girl - I am really glad that you have come out, regarding your true situation. You need a "friend" that knows boats and has time to personally assist you; you’ve so very much yet to learn. The free education you received here is invaluable and I hope some of it rubbed off on you. Far as I can tell nearly all posting TF members did their (our) best for instructing you. Now we can all clearly see why the ends did not meet in the middle during many of the ways you acted, post you wrote, and convincing you tried. Truth always sets you free... in one way or the other! I truly wish you the very best luck toward accomplishing all you "try" to do! Seems to me, “Case Closed” - Cheers, Art
I think we, the audience, are still missing something.
I looked at boats for 5 years before actually buying. It makes no sense to wait until you can, as this is process that simply takes time. What do I want? What do I need? What can I afford to buy? cruise? maintain?
I also understood brokers time is valuable. And while I made it clear, I was not buying in the foreseeable future, brokers always returned my calls and I probably looked at a dozen boats around the country and two dozen in Europe.
So GG, what is the boat you loved? Is it truly unique?
RIchard
Oh Please Art! I have been nothing but truthful. I wish Westwinds was here, because he is great at retrieving info. I have said numerous times both on this forum and cruisers that I was selling my house and buying a boat.
I also posted on my blog that I was selling my house in the plan and house for sale and Discouraged.
Give me a break. I really hate personal attacks.
One thing that I have learned, is that misery likes company. People that are unhappy in their own life will try to bring others right down with them.
So GG, what is the boat you loved? Is it truly unique?
RIchard
Richard,
Sorry, I forgot this part of your post.
I would love to share the link, but it seems that every time I post a boat that I am looking into. It sells a couple of weeks later, so I don't want to take the chance on this one.
The boat is blue water, a trawler, large fuel capacity. 4+ staterooms and < 65'.
It believe it may have everything on my wish list
If my wife wanted the boat a sale pending would not stop me. The Eagle had sales pending but we cocontinued the talking to bank and insurance and had a quick survey,
We did not want to sell the house so we needed abridge loan and the seller took a loan and lien on the house for three years. Many deals fall through because of financing so offer a better more attractive offer. You never know until you try. My wife made me do it.
GG -- How long has your house been for sale? You may want to consider buying a boat you can resell quickly so you don't have a repeat of your current state. On a boat, maximum space for the lowest dollar is not always the key to resale success.
GG -- How long has your house been for sale? You may want to consider buying a boat you can resell quickly so you don't have a repeat of your current state. On a boat, maximum space for the lowest dollar is not always the key to resale success.