Sailboat For Sale
Although motor boats have been around for decades, there is something about sailboats that are still attractive. Maybe it is the feeling of mastering the elements with ones own hands that comes from moving your boat with nothing but the wind.
In any case, buying a sailboat is the dream of many, and the luxury of a few. Because of the high price range they can attain, a lot of people have resorted to buying used ones, in order to fulfill their dream.
On the other hand, people who have been hit by the economic times, has resorted to offering their used sailboat for sale, in order to pay bills and expenses that are more urgent.
If someone offers you his or her sailboat for sale, it might sound like a good opportunity to save some dollars, and most of the time, it is. However, there are some questions that you should ask in order to protect your investment, just like if you were buying a car.
The first question you should ask should be why is the sailboat for sale? Is the sailboat for sale because it is got some defects? In those cases, you should take into consideration how much it will cost you to get the boat fixed. Sometimes this might add up to an unpleasant total that you were not expecting. Sometimes the sailboat for sale is working perfectly, but it is very old or it does not look as good as it did when it was bought. If you are down on cash, this is a good option to be an amateur sailor if you do not mind having a sailboat that looks less than spectacular.
Another thing you should pay attention to is if the sailboat for sale has all legal papers and permits in order. Most importantly, you will want a bill of sale. This paper will allow you to register your boat in your state, and to get it insured against accidents or theft. In addition, you should bear in mind that the laws of the state where the boat owner lives might be different from your state, so you will need to research that in order to avoid unnecessary unpleasant surprises.
Finally, it goes without saying that you should never accept any sailboat for sale without any paper, no matter how inexpensive or cheap the deal is. This is just asking for legal trouble, as it might be a stolen sailboat that they are trying to get rid off. In addition, you would not have any way to prove that the boat is yours if the need arises.