Re: Im buying a big boat! But i have never sailed
I think you're putting yourself in a bit of an awkward position... however nice the boat may be, the valuation is suspect, ferrocement can be difficult to insure. It's tough to get into a deal with a 'friend' or relatives of a friend, and avoid paying too much or buying into something that might not be appropriate. How long has the boat been ashore now?
50K (Dollars?? or Pounds??) is a chunk of change that will buy a lot of (perhaps other) boat..... just sayin'.....
1984 Fast/Nicholson 345 "FastForward"
".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)