Has anyone hired a marine surveyor who missed major/obvious problems on boat? Were they liable in any way??
Question: Marine surveyor missed major structural issues such as rotted out aft bulkhead, cracks in hull along with detached stringers from hull from engine room back to lazarette--both caused by damaged bulkhead. Surveyor doesn't have insurance but has personal assets. Boat broker I went through had previously owned the boat on two occassions. I feel like the surveyor gave the boat the green light because the boat brokers knew I would buy the boat if it had favorable survey. They successfully sold me bill of goods which didn't properly reflect the true condition of the vessel. I am currently out $110,000 dollars. My dilemma is this, do I follow through with lawsuit, which will cost possibly another $30,000, with the ability to recoup my losses or throw good money after bad? Or do I look to salvage vessel which was given a salvage value of $5,500? Or do I walk away from problem and try to strike a deal with the bank to reduce my outstanding loan of $60,000 if I pay the balance off in full?
Answers: Lawsuit, all the way. Yur contract to purchase the boat should have read something like, upon results of a favorable survey. If the survey was substandard, and yo used a licensed surveyor, he can be held responsible if the damage was so obvious that it should not have been missed. Get a lawyer to represent you on contingency, and when you win, he get's a portion of the settlement. Call all the newpapers and let them know what happened.
It sounds like you have a legitimate lawsuit. I would reccomend presenting your problem to an Engineering firm such as ESI (http://www.esi-il.com) because they do investigations and may help you with your case.
Answers: Lawsuit, all the way. Yur contract to purchase the boat should have read something like, upon results of a favorable survey. If the survey was substandard, and yo used a licensed surveyor, he can be held responsible if the damage was so obvious that it should not have been missed. Get a lawyer to represent you on contingency, and when you win, he get's a portion of the settlement. Call all the newpapers and let them know what happened.
It sounds like you have a legitimate lawsuit. I would reccomend presenting your problem to an Engineering firm such as ESI (http://www.esi-il.com) because they do investigations and may help you with your case.
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