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
“Your survey and report were a marked improvement on my previous experience of yacht surveys, which I've been involved in quite a lot over the years, both as seller & purchaser, and which have ranged from the reasonably competent to the frankly useless. I was particularly impressed with the time spent and the comprehensive nature of both the examination and report. I consider your service very good value for money, and would not hesitate to recommend it to others. I have in fact taken the opportunity of mentioning my satisfaction to my insurers.”Graham
