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Best way to decide on a surveyor

Discussion in 'Marketplace' started by Stephen Ditmore, Nov 2, 2023.

  1. Stephen Ditmore
    Joined: Jun 2001
    Posts: 1,626
    Likes: 77, Points: 58, Legacy Rep: 699
    Location: South Deerfield, MA, USA

    Stephen Ditmore Senior Member

    I'm in the US, but interested in a wood/epoxy sailboat in The Netherlands (large enough to become my home). Using Google Maps I found my way to corresponding with Hendrik Jan Musch of Jachtexpert, who is already familiar with the boat.

    Despite my repeatedly advising the broker that I was leaning toward hiring this surveyor, the broker has sent me a list of five others (without explanation).

    Anyone care to advise?
     
    Stephen Ditmore, Nov 2, 2023
    #1
  2. Stephen Ditmore
    Joined: Jun 2001
    Posts: 1,626
    Likes: 77, Points: 58, Legacy Rep: 699
    Location: South Deerfield, MA, USA

    Stephen Ditmore Senior Member

    I've decided my question is how a lender and an insurer measure value. This is a wood-epoxy sailboat of 17.5m (57+ feet), in The Netherlands, in need of a refit.
    [​IMG]
    1. Can such a boat be insured? Before the refit? After the refit?
    2. Can it serve to collateralize a loan?
    3. Do you have a criterion for selecting a surveyor whose survey you & the insurance company would rely on?
    4. Should I pay cash for the boat, then borrow for the refit, or finance the purchase and put my cash into the refit?
    5. What can you tell me about hiring a yard to perform the work, and a delivery captain?
     
    Stephen Ditmore, Nov 5, 2023
    #2
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