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post #5 of Old 11-14-2007
Maine Sail
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Join Date: Jan 2003
Location: Maine Coast
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You mention...

You mention nothing about a good survey? How will you know what to offer if you don't have a handle on the actual condition other than aesthetics. I also think your repair estimates are grossly optimistic. Any boat in the 30 feet range that can be purchased for under 10k will take close to that same amount in repairs rather quickly. Been there done that as have many on this board....

The list below is by no means complete but I have added $ symbols next to each. The symbols represent the costs related to a repair more $ = more money..

Some things to look for:

Wet decks $$$$$$$
Chain plates $$
Bulkheads $$$$
keel joint issues $$$$
running and standing rigging $$$$
electrical system $$$
plumbing system $$
fuel tank and internal condition $$$
sea cocks and through hulls $$$
steering mechanism and condition of $$
Moisture in the rudder? $$$$
cutlass bearing $$
rudder bearing $$
stuffing box $
bilge & stringer condition $
blisters $$
how many layers of bottom paint? $
engine with an oil analysis
oil leaks $$
interior cushions moldy? $$$

-Maine Sail / CS-36T

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