Join Date: Mar 2006
Thanked 4 Times in 4 Posts
Rep Power: 10
You found the boat you want...
After months of looking you found a boat that both you and your S.O. really like. It has the accomodations to suit her and a former owner of the boat was a racer at heart and added goodies for you like upgraded hardware, folding prop, mast mounted whisker pole and adjustable backstay tensioner to make the "family sedan" a tad racier than stock. Other nice upgrades include addressing shortcuts taken by the builder like replacing marlon through hulls with bronze give the over all impression the boat was well cared for at least for a good portion of its life.
Then you learn that the boat was just surveyed and rejected buy a previous buyer. According to what you can learn from the broker and surveyor, the survey went fine, until the boat was pulled and they found the boat has several (6-10) fairly large blisters (larger than a quarter, smaller than a 1/2 dollar). The blisters were mainly on the starboard side and randomly distributed down the length of the hull. The rest of the survey only turns up only minor, common problems that would not kill the deal or result in major price renegotiation.
1) Walk away and wait for another boat -- its cheaper to add the goodies to a boat without blisters.
2) Make an offer a couple/few of grand off what you think the boat is worth. Blisters are not that big a deal. Grind em out, stick a barrier coat on and call it good.
3) Make an offer adjusted for the $350-$400 per foot a full peel and bottom rebuild job will cost -- Hey, you're not buying some elses problem and paying to fix it also.
This is pretty much where I find myself, and though my I think my mind is made up, I'd still love hear what others would do.
s/v Palmetto Moon
1991 Catalina 36
Last edited by PalmettoSailor; 02-10-2008 at 08:34 PM.