[catamaran]

After every major storm Yacht Brokerage Companys receive calls and emails from prospects that are looking for that “great deal” on a storm damaged boat.

First of all, yes…., those great deals that one hears talked about on the docks do exist, but they are the rare bird and not the common find.

Also, to be able to take advantage of any hurricane damaged boat deal there are a couple of assumptions that need to be understood.

Also, to be able to take advantage of any hurricane damaged boat deal there are a couple of assumptions that need to be understood.

1. It is assumed that the individual(s) is dealing with an honest seller who is telling them the truth and is not trying to hide anything. This is where an experienced and trusted broker becomes very valuable.
2. It is also assumed that the individual(s) is very handy and experienced with boat repair and probably enjoys the smell of glass, paint, and fresh wood along with an assortment of various chemicals for cleaning and solvents for repairs. If one has to hire all of the people, or a boat yard, to do the work then this is most likely not for you. Yes, one can manage a major boat project and pay others to help, but expect to spend lots of time present and lots of time hands on.
Also, remember that the luxury of a good surveyor, and haul for inspection, may not be available, or cost effective, so that individual must rely on their own knowledge and expertise to make the decision to buy or not.
3. It is also assumed that the individual(s) can afford to lose most of their money invested in the project, because even the experts get stumped at times and have to Bail out at a loss.