Re: Purchasing Sunken boats
My grandfather when he got stationed in Annapolis Maryland with the Army back in the 60's saw a sunken sailboat in the harbor chanel entrance near his base. Long story short my grandfather had the boat raised and a few years later when he signed his retirement paper that 46' Cheoy Lee (spelling) took him, my grandmother and their kids from MD to the ahamas where they found the piece of land they decided to cal home.
So--- Yes, it is and can be done. Dont waste your time on a catalina though. If its a nice boat it may be worth it. Production boats like Cats are not worth it.