American Marine Specialists|
Gary R. Wright, Accredited Marine Surveyor®
Frequently Asked Questions:
1. How much does a survey cost?
This is a legitimate question, and it certainly figures into the boat buying budget, BUT REMEMBER, you are paying for the knowledge, experience, skill and integrity of the Surveyor.
Please contact us for a quote, as our Survey fees vary by the type of survey and level of service you desire, as well as the age, configuration and type of construction of the vessel. We normally charge for travel to all assignments outside a 30 mile radius from our office.
2. How quickly will I get the results of the Survey?
Usually you will be given an oral summation of the survey on the same day of the survey, however, we need time to review our photographs and survey notes prior to completion of the final report. In most cases the final written report will be delivered electronically within 48 hours from completion of the survey. Hard copies of the report, and/or copies of surveyor's photos will be made available to the client(s) for an additional charge, based on our hourly labor rate at that time.
3. Who gets the results of the Survey?
For all surveys, the Client gets the only copy of the report. We do not reveal our opinion of the condition or fair market value of the vessel to any other party, until, and unless “The Client“ authorizes disclosure, and only to those parties so designated. Exception; where there are survey discoveries that may represent a imminent safety issue(s), the seller or marina operator will normally be notified.
4. Can I be present for the Survey?
We encourage buyers to attend on the survey, although it is not always necessary. Often observations and recommendations in the written report will be more meaningful to you if we are able to point out the item in question while you are present. We can also answer questions and make comments during the survey which might not be significant enough to include in the report. We do ask all persons present during the survey to allow the surveyor time to focus on the task at hand, and not look over his shoulder or constantly engage in conversation during all aspects of the survey. We also ask that friends and family not attend during the in-water portion of the survey, or the sea trial.
5. What if the boat doesn't "pass" the Survey?
We do not “pass“ or “fail“ boats we survey. Our job is to report our findings and recommendations, and offer an opinion as to the “condition and fair market value“ of the vessel. YOU, as a buyer, determine whether the boat meets your requirements, based on our report. Additionally, the surveyor does not make insurance or financing decisions. He or she reports observations which the insurance company or financing institution take into consideration to arrive at their decision.
6. Should I have the boat hauled out for the Survey?
Absolutely! Even if the boat was recently hauled for maintenance or bottom painting, you have no way of knowing the condition of the wetted surface of the hull or below the water line machinery without seeing it. What if the boat was damaged when it was put back in the water, or run aground on the way back to the dock. How can you be sure the reported repairs were done properly (if at all). In so many cases, we find u-reported machinery damage, collision or grounding damage, and/or hull bottom blistering. Don“t let a seller or broker discourage you from having the bottom inspection done as part of your survey.
7. Do we use a Moisture Meter?
Yes! We normally take random moisture meter readings and do percussion sounding with a phenolic hammer on certain areas of the decks, superstructure, interior hull stiffeners and (*if properly prepared), the exterior hull bottom, where experience, or suspicious evidence indicates the possibility of excess moisture incursion and/or delamination.
Most cases of blisters are not “fatal“.
All boats will have items requiring attention. In most cases these will not preclude your going ahead with the purchase. You either make the repairs or changes recommended, or if the costs are higher than you expected, they may be negotiated into the final selling price of the vessel, or accomplished by the seller. If our valuation is less than the previously agreed selling price you may: