help buying a bullet
01-16-2005 | 07:23 PM
#22
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From: Batavia Oh.
Re: help buying a bullet
Originally Posted by craig223
I'm sure that you've heard the others say this already, but I'll post it one more time just in case. 
DO NOT BUY IT WITHOUT GETTING A SURVEY!!!!
I hear that there is a guy named Ed Cozzi that has great pricing on surveys!!!
DO NOT BUY IT WITHOUT GETTING A SURVEY!!!!
I hear that there is a guy named Ed Cozzi that has great pricing on surveys!!!
I heard he is free !!??
SURVEY YES !!!!!!!......NO STEPS or PADS on a Bullet !!!.....Notch.....CBDragon will teach you all you need to know about Bullets
01-17-2005 | 12:50 AM
#23
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Re: help buying a bullet
All great advise and I will follow-have left messages for surveyors and will move forward.
Just joined OSO and the professional community is outstanding and proud to be part of it.
Very greatful for the all the support and guidance.-Thank you
Just joined OSO and the professional community is outstanding and proud to be part of it.
Very greatful for the all the support and guidance.-Thank you
01-18-2005 | 07:55 AM
#24
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From: Toledo, O-hi-O
Re: help buying a bullet
NO STEPS or PADS on a Bullet !!!.....Notch.....CBDragon will teach you all you need to know about Bullets[/QUOTE]
Questions I always wanted to know the answers to.......but didn't ask....but am looking at an '88 with no notch.....
Did the "Notch" allow a higher x-dimension?
How much did the notch improve the speed?
Any reason why you would / would not buy a "non-notched" bullet?
Clueless in Toledo
Questions I always wanted to know the answers to.......but didn't ask....but am looking at an '88 with no notch.....
Did the "Notch" allow a higher x-dimension?
How much did the notch improve the speed?
Any reason why you would / would not buy a "non-notched" bullet?
Clueless in Toledo
01-18-2005 | 03:03 PM
#25
Charter Member #139 /Moderator/Platinum Member
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Posts: 2,201
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From: McHenry IL /Duck Key FL
Re: help buying a bullet
as said before
you will need the survey for insurance
so get it now
maybe you can even have the seller split it with you
my 89 Bullet with a notch runs in the high 70's with 2 x 565 hp
you will need the survey for insurance
so get it now
maybe you can even have the seller split it with you
my 89 Bullet with a notch runs in the high 70's with 2 x 565 hp
01-19-2005 | 08:42 AM
#29
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From: Holland MI
Re: help buying a bullet
That depends on how the purchase agreement was written. If it says "non-refundable" he won't get it back. Usually there is a clause stating that the buyer has to be able to finance the boat, so assuming that the survey were to show a value less than the loan value the buyer would be entitled to his deposit.
In this case the broker may try to get the buyer financed locally, which will bring up the problem of insurance coverage. If the survey shows less than the loan value the insurance company will not insure the boat for more than the survey and the full amount of the loan will not be insured. A bad deal, no matter how you look at it.
In this case the broker may try to get the buyer financed locally, which will bring up the problem of insurance coverage. If the survey shows less than the loan value the insurance company will not insure the boat for more than the survey and the full amount of the loan will not be insured. A bad deal, no matter how you look at it.
Last edited by Crazyhorse; 01-19-2005 at 08:44 AM.
