Join Date: Jan 2011
Location: Redwood City
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Can't be sure but you have to be careful buying from someone advertising to sell while refurbishing. Possibly all he cares is to make as cheap as possible cosmetic improvements and sell it as high as he can.
If you want a sailboat, you have to accept the costs. Inspect the rigging, sails, mast and spreader, deck core and deck hardware bedding, engine, electrical wiring, plumbing, bulkheads, rudder, prop/shaft/stuffing/coupling carefully. Best done by a qualified surveyor. But you get the picture. A lot of areas that could be significant expenses, even if you do it yourself. When you are buying, don't go pay to the limit of you budget. Leave some room for some of these items. Chances are, more than a few expenses will pop right up.
If you are new to all this and don't have a whole lot of money that you are willing to let go for your passion, start as small as you can. Remember, above all, you want to get out in the water. You don't want to wait until you have the money to fix item a and item b and so forth. Speaking from personal experience here.
1978 Gulfstar 50'
Clark Sailing Dinghy 10'