Marine Surveys - Valuation Survey
Valuation Survey
The Valuation Survey is an opinion of the fair market value of the yacht based on the current market and the condition of the yacht at the time of survey. The valuation survey is often a requirement of finance companies if money is to be borrowed to buy a yacht, or by insurance companies.
The valuation survey is often carried out as part of a Insurance Condition Survey or Full Condition Survey. If only a Valuation Survey is required then depending on the circumstances this will be a walk through inspection to view the general overall condition of the yacht.
With this type of survey there is no report, just a statement which identifies the yacht and a personal opinion of the value.
Testimonials
“We commissioned Mr Rowles to carry out a full condition (pre purchase) survey on a 26 year old HR352. In his response to our initial inquiry Mr Rowles was precise in what the survey would cover, what he would charge, and when the survey and if required the sea trial could be carried out. The execution of the survey was thorough, well organised, and meticulously carried out.”Christopher and Annabel Moir
