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.
With her vertical bow, reverse raked windshield and indoor-outdoor living space, the Galeon 430 EXP defies categorization.
It is called a razor because it shaves away unnecessary complexities, providing a simple solution to complicated questions.
Remembering Lifelong Marine Journalist Chris Caswell
A Master of Quiet Cruising
This imposing 55-footer is a comfortable, well-appointed coastal cruiser primed to take on more ambitious journeys.
To sell your boat in a buyer’s market, be honest and consider working with a professional broker.
After navigating the Pacific coasts of the United States and Mexico and wintering in the Sea of Cortez, Jeff and Kami Fehr rang in 2026 by transiting the Panama Canal aboard their meticulously refit Selene 59, Dock Holiday.
Smarter steering means frequent, but only short, glances at the chartplotter.
Howard Chen’s Bold Vision in China
How one liveaboard crew found comfort and confidence by choosing paravanes over high-tech stabilization systems.
