Tag: boat broker

Going With Our Guts

 

love at first sight
Or in our case, a boat!

Conor and I met with our boat broker yesterday, and it went very, very well 🙂

Mike showed us the Bavaria 47 and the Catalina Morgan 44 that we had been eyeing for the last month (spoiler alert—they weren’t the right fit for us after all) as well as 4 other boats that fit our requirements. I don’t want to jinx the sale, so I’m going to wait to reveal the boat that we picked for our first home until after the paperwork has gone through. (Ok fine, I’ll give you a hint—we don’t need as much length as we thought we did!)

But let me tell you, SHE IS BEAUTIFUL. We are so happy, and just knew as soon as we saw her that she was the one. We put in an offer at 2:30 yesterday and less than an hour later the owners accepted it. This feels like a dream.

I was a little nervous initially on the drive over to New Bern, and wondered if we would feel overwhelmed and unprepared once we saw the boats, leaving us too doubtful to make a decision. Much to my surprise, I was able to compensate a bit for my lack of experience with all of the ‘book smart’ knowledge I learned from stalking blogs and forums. And, of course, our broker made us feel totally comfortable during the process and was very patient every step of the way.

Now that our offer has been accepted, we need to secure our financing, put a 10% down payment into escrow, and schedule our sea trial and survey. If any issues pop up with the boat, we can either re-negotiate, or walk away from the deal (not that we want to!). It will still be a few weeks (at least) until she’s all ours and we can move aboard, but we woke up this morning with butterflies of excitement and without any buyer’s regret, so I think we made the right choice.

Love,

Taylor and Conor

When Plans Get Turned Upside Down

Things that are still on track: 

1) Awesome boat broker

2) 3 GREAT boats (yes, the newly-posted 44 Catalina is also a perfect fit for us!)

3) Conor’s orders are still for North Carolina

Things that were unexpected this week:

1) Someone else is interested in the Endeavor 42, and will apparently put in an offer today. Cue our panic that none of these boats will be available for us come May 10, and we won’t have any boats lined up to see. This led to a long discussion about whether or not it would be worth it for me to fly out to NC solo to get the ball rolling. I was fully prepared to buy a last-minute ticket to New Bern, but thankfully our broker talked us down, and has urged us not to rush. Spring is the high season for selling, so he is confident that even if our three current options get snapped up, he can still find us a perfect fit.

My mantra: the right boat will be there at the right time. The right boat will be there at the right time. Repeat as necessary, accompanied by deep breaths.

2) We found out that while USAA finances boat loans, they do not finance loans if the boat will be used as a liveaboard. SURPRISE! Monday was a day of intense research and many phone calls, and we discovered that most banks do NOT understand/like/approve of the liveaboard lifestyle. This has been incredibly frustrating, and our options are limited. We can get a personal loan through USAA, but the terms and APR will be pushing it. We are also exploring our options with Lightstream (part of Sun Trust Bank), as they give boat loans for liveaboard purposes. Don’t even get me started on finding insurance.

3) Our plan to live at Gottschalk Marina on Camp Lejeune has been disrupted. I was promised a slip back in January, but some of the dock pylons were damaged in a recent storm and they don’t know when they will be repaired. The two intact slips big enough to fit 40+ foot boats are also currently occupied indefinitely. However, there is another marina at the air station (a separate entity within Camp Lejeune jurisdiction) called New River that has liveaboard slips available. WOOHOO!

The downside: Conor’s 3-mile bicycle commute is now turned into a 45-minute car commute. Which means that instead of going down to one car like we planned, we have to ship Conor’s car to Camp Lejeune (goodbye, $1000 that the Marine Corps won’t reimburse). Hopefully, our stay at New River won’t be too long, and we can relocate to Gottschalk in a few months and sell the car on the east coast.

handstand
Our plans are upside down and unstable, much like the handstand of an aging former gymnast

WHEW! Thanks for reading until the end, this might be my longest blog post to date. I feel like this week was a test to see how much we really want our boat, and we are proving that we do. Shit hit the fan, but so far we have been able to find a workaround for everything.

Feel free to send us questions and comments, or any topics you want us to discuss!

Love,

Taylor and Conor

Starting Our Vacation (and Boat Search)

 

Goodbye, Oceanside…
And hello, San Clemente!

It’s official, folks, we are out of the house! Though I’m sure you will miss my posts about downsizing, minimalism, and moving…JK—even I’m sick of writing about it. Now that the PITA part is over, we can get to the fun part! I am excited to focus on our adventures in San Clemente and our boat search over the next few weeks.

As I mentioned in my last post, our boat broker has come back with two AMAZING boats for us already, and will be sending along the link to a third boat sometime this week once it has been uploaded. Right now, we are looking at a 42′ Endeavor (1989) and a 48′ Bavaria (2000). We are waiting to see the details of a 44′ Catalina (1989).

Both the Endeavor and the Bavaria have everything we are looking for—center cockpit, fiberglass hull, blue-water sailing capability. The Bavaria has room for us to grow into, while the Endeavor fulfills all of our needs right now, and is at the right price point. I can’t say which we are leaning towards at the moment, at least until we can compare the Catalina as well. We should be able to view all 3 of these boats in person once we get to North Carolina (if they are still on the market) before we make any decisions. I am confident that we will just ‘know’ once we’ve found our new home.

I have a feeling there will be a pro/con list for each of the boats posted sometime soon for you guys to see 🙂 Until then, we are spending the next month recovering and unwinding with numerous glasses of wine before diving into May. Thank you for all of your encouragement and sticking with us as we orchestrated the move!

Love,

Taylor and Conor