Now, there are a couple of ways to go from here; one is to have all the cash on hand, throw it on the table and take the entire risk yourself. Trust is a great thing, friendly relations are awesome and rolling the dice is thrilling. BUT, we’re not really willing to go down the ‘rolling the dice’ road at this particular price point (think ‘buying a home’) and we decided that we would proceed with all due diligence and enlist as much support as necessary in order to quell any uneasiness about a transaction of this importance.
The boat is owned by an individual, held in an LLC and brokered by a different company. Robin and I were comfortable with the way the vessel was represented, shown and advertised. It met or exceeded our expectations and is in great condition. Yes, we have an emotional attachment as well and yes, there will be some cleaning, sanding, painting and fixing up of the little things that come with a 15 year old boat, but all in all she’s in great shape and has been well cared for. Everything seems to be in order and nothing raised red flags for us. We’re pretty much set to go.