Buying a Yacht
Buying a Yacht
If you’re looking to purchase a yacht in Miami, Florida Yachts International is the best option for you! We have a large inventory of luxury yachts from some of the most prestigious marques in the world such as Mangusta, Riva, Sunseeker, and much more. FYI provides the finest service to our high-end clientele, and offers an exclusive selection of luxurious yachts.
Buying a yacht entails more than simply shopping and making an investment; it is a lifestyle decision that encompasses adventure, friendship, as well as challenges. Having an experienced, licensed Yacht Consultant is invaluable to making the right decision.
We pride ourselves on our ability to work closely with our clients, understanding their wants and needs, locating and qualifying those that meet or exceed the buyer’s criteria in order to make a sale, and most importantly, have a satisfied customer.
Buying a Yacht with FYI
Identifying the right yacht
Once in contact with FYI we’ll identify the boat that is best suited for your needs. There are innumerable options available and we will find the yacht you’ve always been dreaming of no matter where you or the vessel may be.
Making an offer & sealing the deal together
Once you’ve found the right yacht it will be time to present an offer to your broker who will then prepare a sales agreement laying out the timing of the Survey, Sea Trial, Acceptance & Closing. With your offer, it is customary to deposit 10% of the offered purchase price into escrow. Your broker will now present the offer to the seller who will either accept, reject or make a counter offer.
Yachts are intricate sea going machines. Upon a fully accepted offer, your broker will assist you in scheduling the surveys, out of water inspection and sea trial. It is important to conduct a survey to determine the condition of the vessel and any potential work needed and also obtain the cost of repairs if needed.
After a Survey and Sea Trial it is now time to submit a written Acceptance of Vessel. The Acceptance could include any deficiencies that may be found and allows arrangements to be made pertaining to possible repairs to be completed by the seller as an agreement to move to closing.
Closing & Delivery
During the closing steps agents for the buyer & seller will exchange information to prepare and supply all required documents to close out the sale and transfer ownership. At FYI we have our own expert inhouse closing department that will