[PCW] Deposits and payments up front, was Rough seas stuff - Buzzards Bay

[Georgs Kolesnikovs]

All hands--

I've changed the subject line so that it reflects what is being  
discussed in this thread.

--Listmaster

On 26-Oct-09, at 3:47 PM, Tim Jordaan wrote:

> Georgs,
>             I certainly hope that we could not be opened to such a  
> debate
> when in fact
>             there are quite a few accredited builders that can build
> upfront easily more than
>             $1 million and more.
>
>             We, at Aventure have a safe guard policy, as discussed  
> in many
> previous mails
>             under the heading, insurance.
>             We only build upfront and the client only pays for what he
> sees, firstly the hull and deck,
>             then he pays, plumbing and engines, then he pays, as so  
> forth,
> all insured on his own
>             builders insurance policy.
>
>             This policy safeguards us, as boatyard from problems and  
> we can
> always deliver,
>             exactly what our client wants.
>
>             Regards,
>
>             Tim Jordaan
>
>
> -----Original Message-----
> From: power-catamaran-bounces+tradesure=libello.com at lists.samurai.com
> [mailto:power-catamaran-bounces+tradesure=libello.com at lists.samurai.com 
> ]On
> Behalf Of Graham
> Sent: 26 October 2009 17:07
> To: power-catamaran at lists.samurai.com
> Subject: [PCW] Rough seas stuff - Buzzards Bay
>
> Hello all,
>
> I agreed with pretty much everything Rod said right down to this next
> paragraph:
>
> "I'd also suggest that if the builder says he can't build your new  
> cat with
> a receipt of only a 15% or 20% deposit from you (instead, he wants  
> stage
> payments from you), that isn't necessarily a sign of a builder with a
> worrisome financial situation -- but it might be.  Conversely, if the
> builder WILL build you a complete boat, with only a 10% or 20%  
> deposit, he's
> likely to be a better funded entity. (But he could be just hoping to  
> take
> you for your deposit...period.)"