Home |
Search |
Today's Posts |
#7
![]() |
|||
|
|||
![]() "DSK" wrote in message ... Skip Gundlach wrote: ....offering a lowball on a Gulfstar 44 which looked like it could work. That deal never panned out, as it wasn't countered other than verbally to the effect of 'when you're serious, come back and we'll talk about it.'. Just as well. The times we tried to open negotiations with owner/sellers that wanted too much money, it turned out for the best. In the interests of brevity (who, me?!?), I didn't mention that the type is off our list, now, because I hit (soft top, though) everywhere on the boat, and can't stand in the separate shower, even in the little cubby space of the caprail, in the master, at all. That aside, that's a well-equipped example, at a reasonable price, of that type. Since there were some compromises on the type, we didn't pursue it in order to let the listing marinate for a while. Things have a way of working out... ...... Sort of an interesting story on that boat that we learned about in talking with the owner of the canal house behind which it's tied while the owners have been off it for 3 years, and it's shown at fortydays.org, for those interested in it. This boat is a backup at this point, as Lydia's high on curb appeal, and this needs a bit of polish. You pay extra for 'curb appeal' and if all the boat needs is clean & polish, then it ould be a better deal. Hard to tell about it's condition & equipment from th web page though. Here's the YW listing: http://www.yachtworld.com/core/listi...92&slim=ywpbs& That one is clearly my favorite, as it shouldn't take nearly as much to bring it up to snuff as the difference between list and the other boat's list. However, we're hopeful of getting the other rehabbed one substantially under list, and the seller of the first isn't budging, it seems, so the difference level might be shorter in reality. Point of reference is that the GS was at 55% of list, and this one is at 72.6% of list. Lot better chance of making this one happen, I think, and from what we see on the market, this is - while in the high end - substantially more boat than any we've seen, of any type, let alone the M46s. Still, the 'cruising boat' - as we call it - is a good candidate for upgrade, as it, too, is in relatively good nick and very reasonably priced relative to the others available. ..... It's now owned by an attorney who somehow had connections with the family or the deceased. We don't now know the relationship, or if there's some partnership or other financial personal interest in play here, but it's *not* in an estate, if it ever was. AA-OO-GA warning warning This sounds like a burn deal in the making. Prudence would suggest putting this She's not part of the team yet, but I'd like to meet her :{)) boat at the bottom of the priority list, unless it's significantly cheaper *and* you get your own big-gun lawyer to deal with the selling lawyer. Unless you want him to pocket a lot of your money and then take you to lunch after your court appearance.... Heh. That was a metaphor (what's a metaphor? It's for...) - we'll be dealing with the broker. It's one of the earlier posts' referenced 'high priced spread' - but even that's relative. The M46 original-owner-from-new and my (buyer's) broker agreed that you could take this boat to the flea market and part it out and get most of your money back. That was being facetious, of course, but it's a *very* unusual boat, particularly for 1980. I've got the prior Morgan Yachts Service Manager for the entire production run and several years beyond (and also QC manager for a goodly part of it) lined up as surveyor. Not only does he know how they were made, and has surveyed umpteen of them, he also climbs the mast and inspects the head rigging with a magnifiying glass. No deal until that survey and suitable wringing out in sea trial. My broker's also the owner of a dive and cleaning service, and I'll have him dive the boat before we agree to a survey, so as to have a heads-up about the condition of the bottom, though all we've heard about suggest these boats are very resistant to blistering. Everything so far suggests just a stroke of bad fortune for the owner, who did much more than I would have in prep to leave. It's been a long trip, and I'm blessed to have been able to do the research and travel I've done. Short of having a boat already in mind that you know will work for you, and is everything you want it to be (accepting that my height added inconceivably to the challenge), I can't imagine how anyone who's employed could do this in less than half a lifetime. Easy- most people pick a boat far more casually with a lot less data & logic input. Which makes sense, because the more logicallly you look at it, the less reason to buy a boat in the first place. However it sounds like you have covered all the bases and are going to have a great boat (whichever one it ends up being). Heh. It won't be for lack of looking and being reasonably picky :{)) L8R Skip and Lydia, changing sigs below, as we seem to have figuratively cast off the bowlines.... -- "And then again, when you sit at the helm of your little ship on a clear night, and gaze at the countless stars overhead, and realize that you are quite alone on a great, wide sea, it is apt to occur to you that in the general scheme of things you are merely an insignificant speck on the surface of the ocean; and are not nearly so important or as self-sufficient as you thought you were. Which is an exceedingly wholesome thought, and one that may effect a permanent change in your deportment that will be greatly appreciated by your friends."- James S. Pitkin |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
OT--Not again! More Chinese money buying our politicians. | General | |||
Third Florida trip report (long, of course!) | Cruising | |||
Trip Report -- Across Lake Michigan | General | |||
2nd Crusie - Trip Report | Cruising |