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We have a contract on a 1983 Pearson 303, and are expecting our survey to be done at the beginning of next week. The current owner has obviously taken care of the boat during his tenure.
The only potential issue I could find after a lot of looking was some signs of corrosion at the bottom of the mast (slight white powder on one side right at the foot) -- it didn't seem bad to me - of course that's why I am paying a marine surveyor next week.
I understand that a lot of keel stepped boats will get corrosion at the step and the fix is usually to pull the mast, cut off the corrosion, and re-step with a new step built up to account for the part cut off. From reading it looks like this can run in the range of 1-2k.
Question is, given we would be paying $10.5k (reduced from 12k already), if this is the only defect is this still a good deal ?
The only potential issue I could find after a lot of looking was some signs of corrosion at the bottom of the mast (slight white powder on one side right at the foot) -- it didn't seem bad to me - of course that's why I am paying a marine surveyor next week.
I understand that a lot of keel stepped boats will get corrosion at the step and the fix is usually to pull the mast, cut off the corrosion, and re-step with a new step built up to account for the part cut off. From reading it looks like this can run in the range of 1-2k.
Question is, given we would be paying $10.5k (reduced from 12k already), if this is the only defect is this still a good deal ?