Trawler Transactions - Passagemaker magazine article series

Trawler Transactions

A Passagemaker magazine series by Jeff Merrill covering every step of the trawler buying process from offer to closing.

At a Glance

From Offer to Ownership

Article Series

A comprehensive Passagemaker magazine column by Jeff Merrill covering every step of the trawler buying process from offer to closing.

Transaction Waypoints

Many of the important “waypoints” from offer to closing are reviewed to help you reach the final destination of ownership.

Survey & Inspection

Understand the timing for the survey, mechanical inspections, haul-outs, and what critical issues to watch for during due diligence.

Contracts & Negotiations

Learn about contract considerations, strategies for making an offer, and how to negotiate effectively as a trawler buyer.

Insurance & Legal

Get your insurance ready to bind, understand the legal ease of documentation, and ensure good faith throughout the process.

Financing & Closing

Have your financing lined up and understand all the numbers so you can close confidently on the trawler you desire.

Essential Questions

Five Things to Consider

01

Are you prepared for the transaction steps that come after finding the trawler you want?

02

Do you have the timing for the survey planned and financing lined up?

03

Is your insurance ready to bind once you reach agreement on a purchase?

04

Have you considered all the important waypoints from offer to closing?

05

Do you have a home port selected to keep your new trawler?

The Full Story

Trawler Transactions

The process of purchasing a trawler begins well before you make an offer. Jeff was invited to share insights from his experiences as a veteran yacht broker to benefit the readers of Passagemaker magazine in this series of articles that prepare you as a buyer and outlines much of what you can expect in your upcoming trawler transaction.

The fun part is finding the trawler you want to purchase and determining what type of cruising you want to do. In addition to narrowing down your choice, you need to also be ready for the transaction steps. To improve your success in closing on the trawler you desire, you have to think about the timing for the survey, have your financing lined up, insurance ready to bind and a home to keep your new to you trawler.

Many of the important “waypoints” from offer to closing are reviewed to help you reach the final destination of ownership! Each published article is available for you to read in PDF form below!

“Many of the important waypoints from offer to closing are reviewed to help you reach the final destination of ownership!”
Trawler underway
Jeff Merrill's Trawler Transactions column in Passagemaker magazine covers every step from offer to closing

The Trawler Transactions Column

Each published article from the Trawler Transactions column in Passagemaker magazine is available for you to download and read in PDF form below. The series covers topics ranging from savvy shopping and making an offer, through surveys, inspections, financing, insurance, contracts, and closing.

Published Articles