This survey is an inspection to determine the vessel’s value and is conducted primarily for financing, refinancing, estate settlement and divorce asset value.  This survey consists of an inspection and report that is similar to a condition and value survey, with descriptions, photos, numbering and equipment, along with a carefully researched fair market value.  

An insurer or lender may require a financial evaluation survey for them to bind or renew coverage, or to close a loan on your vessel.  A financial evaluation survey includes inspection of the underwater areas of the hull and running gear. This will usually require that the vessel be inspected out of the water.  It is important to know if an “out of water” survey inspection is required before the survey inspection is scheduled.

This survey is conducted for both sellers and brokers to gain an independent insight into the condition of the vessel and protect their interests throughout the sales process. This will also enable the seller to address any issues found that would result in a negotiated reduction in price, all findings are totally confidential. We determine the condition of the vessel prior to a brokerage agreeing to market the vessel

We inspect the vessel either in and/or out of the water with particular attention given to any aspects that may become potential issues during the sales process. The process can be as little as a walk through half-day review of the vessel through to a full pre-purchase survey with sea trials.

An initial consultation can be invaluable when purchasing your “dream” boat.  The first step is to make a list of you of boats you are thinking about purchasing.  We will then define and refine your requirements in detail. This is a major investment, so let’s do it right and prevent problems in the future, including financial, upkeep and resell.  We do the research to help you get your “dream” boat. The next step will be to do the pre-purchase survey.