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.
Let’s bring back these nautical words and terms. They’re better than the way we communicate today.
Once a rescue craft, this Norway-built steel trawler is the ticket to ride for a venturesome crew.
Island time is great, except in an emergency. This medevac service is for boaters who need help fast.
Black streaks, yellow mustaches and rust all require different solutions to keep a boat looking clean.
A Down East icon provides inspiration for this gentlemanly cruiser.
We follow the path of explorers who ran the Northwest Passage over a century ago, but our journey is a lot more fun
We can spend years planning for a bucket-list trip and then life gets in the way. Go now.
Splashing later this year.
Karly and Evan Nietzel—aka YouTube’s @Navigating Nietzels—tailored their careers for remote work after buying a trawler, moving onboard and completing the Great Loop. Along with their pup, Ripley, they’re just getting started.
This aluminum vessel’s throwback design belies its modern systems, all installed for a Great Loop cruise.
