Purchasing a 2009 280 Sundancer - Paperwork Purgatory

[SeaGoat]

In rereading this thread... if the bank needs a value, usually the surveyor will provide that figure. Insurance companies accept the figure for "Agreed value". The bank should do the same thing.

That totally makes sense. I was thinking along similar lines. If I couldn't figure it out, I'd ask the surveyor when he's inspecting the boat to include it. I think either way at this point I will ask him to do it.

Great advice! Also if you are reading this while boat shopping and haven't picked a boat yet. Please for the love of all that is holy get a broker who solely represents you. They don't cost you anything and take care of stuff like this. They split the brokerage fee with the selling broker.

 

[firecadet613]

That totally makes sense. I was thinking along similar lines. If I couldn't figure it out, I'd ask the surveyor when he's inspecting the boat to include it. I think either way at this point I will ask him to do it.

Great advice! Also if you are reading this while boat shopping and haven't picked a boat yet. Please for the love of all that is holy get a broker who solely represents you. They don't cost you anything and take care of stuff like this. They split the brokerage fee with the selling broker.

Surveyors always include the value in the survey, at least on the 5 surveys I've had completed over the years. I'd be surprised if you could document that 280...I had a 268 (different brand) that was too small to document, however I did document my 318 (similar in size to a 320).

Just curious...what rate did you get? I'm long past the days of jumping through hoops with small banks/credit unions that don't deal with larger boats on a regular basis. I have a good marine financial company that deals with many lenders and always does great with the rate.

On the broker to represent you - that'd be awesome...but as most will tell you, most broker's aren't worth their salt. I've had great experiences buying on my behalf...just need to stay on top of things!

 

[Woody]

In rereading this thread... if the bank needs a value, usually the surveyor will provide that figure. Insurance companies accept the figure for "Agreed value". The bank should do the same thing.

That totally makes sense. I was thinking along similar lines. If I couldn't figure it out, I'd ask the surveyor when he's inspecting the boat to include it. I think either way at this point I will ask him to do it.

Great advice! Also if you are reading this while boat shopping and haven't picked a boat yet. Please for the love of all that is holy get a broker who solely represents you. They don't cost you anything and take care of stuff like this. They split the brokerage fee with the selling broker.

Are you guys even talking about the same 'value'?

 

[Henry Boyd]

Found the attached info. Note part 10 - "5 Net ton threshold for eligibility". That boat may not be eligible for documentation and may only be titled thru the state.

Our 280 was documented and originally done by a documentation service for our Sea Ray dealer. I’ll try and find an old doc certificate.

 

[SeaGoat]

Our 280 was documented and originally done by a documentation service for our Sea Ray dealer. I’ll try and find an old doc certificate.

That would be definitive! Thank you all for your help on this!

 

[SeaGoat]

Closing this out just in case anyone lands here. The surveyor not only provided the depth but found that the vessel was already previously registered with the USCG. Made things a lot easier.

The depth was 5.3' for this 2009 280 DA. Also I purchased this and have been loving it! Thanks for everyone's help on this thread and looking forward to contributing as well!

 

[Pirate Lady]

they are also asking for the depth (???), which is defined as the height from the bottom of the keel to the deck.
3 ft. its always 3ft. even when its not, it is.

 

[DWABoat]

they are also asking for the depth (???), which is defined as the height from the bottom of the keel to the deck.
3 ft. its always 3ft. even when its not, it is.

So what is your final, official Gross Tonnage figure? I have a 01 280 so I’m just curious.