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Old 02-24-2010
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How Old of a Survey?

For someone in the market for a used boat, how much faith should he place in an old survey/one provided by the seller? For instance, if the survey was 6 mos old, would anyone run with it and do the deal, assuming they were satisfied with the report? What about a survey one or two years old?

Or with any of the above cases, should they holdout for a new survey? What if the boat is say less than $15K (talking 25 yrs. plus in age, 27' and over). It would seem that if the thing sails and the motor/transmission work, then you could also be assured you're getting your money's worth. Any condition above and beyond that would be bonus.
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