by admin | January 1, 2018 8:59 am
A boat appraisal Seattle is a smart move. Boats are arguably almost as important in the area as cars. It is a good idea to have your boat or any other watercraft professionally appraised. This is the case just as it is for any other type of collector vehicle.
If your boat is damaged or totaled in an accident, you want to make sure that the insurance has an accurate appraisal. You are potentially facing a situation where the insurance company will pay you less money than you want because you don’t have an appraisal on the vehicle in-hand to advocate on your behalf.
A professional boat appraiser is someone with knowledge of watercraft and who has experience appraising different types. They have access to a powerful database of current market data, and they are equipped to provide a detailed written document to highlight the condition of the boat as well as its current value.
Hire an appraiser before your boat is damaged, and you’ll be in a good position to deal with your insurance company should your boat be in an accident.
If you’re looking for a boat to buy, on the other hand, you want an appraisal of the vehicle so that you have an accurate idea of what condition the boat is in and whether you’re being asked by the seller to pay what it’s truly worth. The appraiser will go over every inch of the boat carefully, and you can be sure that you’re getting a true report of the boat and whether it’s worth what it’s being sold for.
A boat appraisal is also important for estate settlements, divorces, donations, etc. It can help you at tax time, during probate of wills, and in other similar situations. Bankruptcy, and finance appraisals are other instances where an appraisal can be helpful. It takes the guesswork out of trying to figure out how much the boat or watercraft is worth.
A boat appraisal Seattle is the right way to go if you own or are looking to buy a piece of watercraft. Whether you use or plan to use it for fun or work, it’s important to have an accurate appraisal to give to your lawyer, to the bank, or to the insurance company. If you’re a seller, having a current appraisal done is good way to show that you’re being honest and open about the boat’s condition and how you have chosen to price it.
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