Tomorrow morning, I will drive up to Dundalk, MD (Baltimore area) to the marina where the yacht is berthed currently. I will meet with the certified Surveyor and the Yacht Broker. At 9:00 am we will start the process. The surveyor will check and test every component on the yacht, from the bow to the stern and everywhere in between. The yacht will be hauled (moved out of the water by a huge tractor with slings) and the survey will check the external hull, the fittings that are “through the hull”, the drive shafts, and the props for damage or faults.
Then once all of these things have been accomplished, the survey will move to the sea trial process. The yacht will be moved back into the water and we will start the engines moving outward of the marina and into the Chesapeake Bay. The sea trial can take as much a several hours but should only be about three to four. Following the sea trial we will return to the marina, dock the yacht in her assigned slip and return her to the current owners. I will then write a check to the surveyor and to the shipyard for the haul out services.
Within 24 hours the surveyor will provide me with a detailed certification of the existing condition of the yacht. If all goes well no problem and we move forward with the acquisition, if not, the option to correct will be given to the owners or I will have the option of choosing to effect the corrections myself. Adjustments of the purchase price may result.
But, we have faith that the yacht will come through all of the certification, evaluation and sea trial testing with flying colors. See what an optimist I am?
More following the activity tomorrow, Thursday March 3, 2016. Stay tuned.
