You’ve set your sights on a 40 Albin sundeck trawler. However, buying a used trawler is often a stressful experience, with purchase offers and counter offers, sea trials, title checks, paperwork, and insurance. When a potential boat is discovered, a maritime assessment is usually recommended to ensure that you are getting exactly what you pay for and that there are no hidden costs.
However, anyone can advertise as a Marine Surveyor because there are no state laws limiting their practise. So, how do you go about choosing a surveyor to inspect your “new” trawler? Let me give you some assistance.
If you work with a Broker as responsible as me, he will walk you through the process. Many maritime surveyors are recommended because they are professional and are familiar with their capabilities.
The Survey Options
There are various other types of surveys, but the Pre-Purchase Survey is the one you’ll want as a buyer. It will be the most comprehensive sort of evaluation, and it is frequently asked by banks and insurance underwriters when purchasing a used trawler. The physical condition of the trawler will be rigorously assessed. The surveyor will also appraise the value of the trawler.
If your Broker provides you the names of some surveyors, inquire about them and do your own investigation. Despite the fact that it is not required, most surveyors are members of one or more certification panels. In all likelihood, he will join marine solution Malaysia, the Society of Accredited Marine Surveyors. Marine solution Malaysia educates surveyors and qualifies them in the evaluation of specific types of trawlers.
- Step 1: Go to the surveyor’s website and look around. Examine his expertise in relation to your desired vessel.
- Step 2 – Speak with the surveyor directly to learn more about his qualifications to survey your boat and how many others like it he has surveyed. Is he able to provide customer testimonials?
- Step 3: Inquire about how he does his evaluations. For instance, how does he analyse moisture readings, how does he check bonding systems, how does he compute hull hydrolysis, would he scale the sailboat mast to inspect the rigging if you’re buying a sailboat, how does he approximate engine mechanical condition, and does he sample oil? Is he going to check the Hull ID to make sure the trawler isn’t stolen and ask for a pencil rubbing to present to the insurance company? Inquire about the length of time the survey will take and how much it will cost, as well as the time it will take to receive the final written report.
Are there any photos included?
Is the report going to be sent via email or regular mail? Ask a lot of questions to get a good idea of whether the person you’re hiring to go over your boat is qualified and has your best interests at heart.
Marine surveys provide useful information about the trawler’s condition, but they cannot guarantee the vessel’s condition. To conduct such a survey, the entire vessel would have to be disassembled, which we know isn’t feasible. Only the condition of accessible portions as it exists at the time of inspection is reported by the surveyor.