Miami, FL admiralty & maritime attorney Michelle Otero Valdés shares her most important piece of advice for someone looking to buy a yacht. She emphasizes that the most important aspect of buying a yacht, boat, or any watercraft is to take one’s time. There are many pressures and reasons that might prompt someone to make a purchase, but if the process isn’t carefully considered—including the type of vessel and its intended use—one could end up selling it at a loss or failing to use it effectively. After all, the purpose of owning a yacht is to enjoy and utilize it, and missteps in planning can come with significant financial and practical costs.