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post #5 of Old 06-22-2007
Joel73
1987 Pearson 27
 
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Izz,
Our P27 was listed for 21K and we offered 16K. He returned with 17K. We came back with 16,500 contingent on marine survey and sea trial. After survey and seatrial we further negotiated to 15K for the final price. Survey appraised at 21K. It had just been given a fresh barrier coat (not cheap at 25-30 per foot) as well as fresh antifoul coat. The boat was in excellent condition but needed some engine work like new water pump, zincs, filters, oil change, etc. We put another 5K into her so far for items like insurance, a new furler and head stay 1,250... new running rigging, new anchor, steam, deck lighting... new GPS... and several other smaller things that added up QUICK. All in all we are extremely happy with how it all turned out. We closed about a month ago so this was a recent transaction. SailorMitch is right about the P27 list... very nice and helpfull people there. Feel free to PM me with any questions.
-Joel

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