I'm also looking at a Tanzer 26 right now. Seems like a good deal - $5000 for an 85' that's in good shape with new equipment. This is one of two boats that I've looked at and would consider buying for my first boat. The other is a Contessa 26. Very different boats. The Contessa is classic, solid and beautiful but small and slow. The Tanzer is a better performer and has far more space. But it seems to draw mixed opinions. Some people (many owners) say they are solid and "built like a tank". Others categorize it as a "starter" boat.
Any other opinions? It's a solid fiberglass (no balsa or plywood) boat that struck me as being pretty solid, what details say otherwise? Lead keel? I'm buying a first boat but I want to buy something thats worth the time and money I'll have to put into keeping it up.