Most purchase and sale agreements stipulate that your deposit is due once the seller accepts your written offer. The amount is normally 10 percent of the contracted price, and typically, it must be received into the broker’s trust account within three business days.
Things can move surprisingly fast between making an offer and closing the deal.
That is the question, and it vexes all trawler lovers—especially at boat-show time.
PM’s brokerage expert Jeff Merrill explains how a maritime attorney can help you understand the legal aspects of trawler ownership.
Be as sure about financing and expenses as you are about the trawler you’re buying or selling.
Insurance shouldn’t be an afterthought. It should be a top priority in any trawler purchase.
Forget the 5 percent rule. You’ll give up many other things to pay the price, whatever it is. Love always finds a way.
There’s pleasure in any boating adventure, but for some, it’s better—and safer—to be able to get to your destination a little quicker.
Preparing your team and documents before making an offer on a trawler will save you time and hassles.
An interesting and well-optioned 3-stateroom newcomer to U.S. shores
After overplanning for a Gulf Stream crossing on my refitted Grand Banks 47, I found myself in a scene that would have shocked anyone.
Your boat and its systems are composed of a wide variety of fasteners.
It’s smart to keep an eye on the boat’s emergency equipment, even between scheduled service intervals.
Discover how Captain Luuc Klop transformed a rugged, unfinished 44-foot pilothouse trawler into “Barabbas”—a stunning, family-friendly passagemaker.
A Veteran of Two Great Loops on Small Boats Considers a Third in a 25-foot C-Dory TomCat.
Setting expectations and communicating clearly can make time on the hard shorter and more fruitful.
It’s not every day that a builder and owner take Hull No. 1 for 1,200-mile, open-water shakedown, but the Demey 60 Spaceship is headed for new frontiers.
The concept process behind Croix du Sud demonstrates how to consider a future refit for a classic build.
Anchoring comes with a lot of variables. Here are the key things to keep in mind in order to stay put.
