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Survey survey survey. Did I mention survey? Find a reputable surveyor in the area by asking around. No, they won't catch everything, but they will catch a lot. Don't get an "insurance survey" as these are shorter versions that don't look at as much. They are worth their weight in gold. Well, maybe not gold, but they are worth the money.
It's a buyer's market out there. There are far more boats than people looking to buy, and this time of year (depending on your region) is very slow for sales, so perhaps your seller is motivated. On the other hand, maybe the boat needs a lot of work. Did I mention survey?
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s/v "Pelican" Passport 40 #076- Preparing to cruise - http://blog.svpelican.com
"Don't dream your life, live your dream" - Bob Bitchin'
"I'll see it when I believe it" - Me
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