ASA and PSIA Instructor
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The description of a "cutter stay" is bizarre. The 33 was rigged for a babystay as described by Jeff, but that stay simply terminates on a track on the foredeck.
What this sounds like is a second forestay installed to carry a storm sail. If so, such would not normally be left rigged, as opposed to being setup when needed. Anything coming thru the V berth won''t connect to the keel, as the front of the keel begins somewhere aft of the head.
Whatever, if you pursue this boat, be sure that the surveyor looks extra carefully at this setup, as an owner-installed rigging enhancement can be a major red-flag for messing a boat up in a big way.