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To repair this properly means you have to cut the top surface of the deck away, remove the core that is wet mush as far as you have to until you find dry core. Clean it all out, epoxy new core in and glass over.
While the chainplates may be attached to the hull below deck and may be shiny above deck they could be severely compromised in the wet deck area. Stainless is subject to crevice corrosion in the presence of water and lack of oxygen - exactly the conditions in a wet deck.
If you repair it yourself if is not terribly expensive but time consuming and messy. If you pay a yard to do the repair it can be very expensive.
There are lots of boats out there, why buy one in need of a large repair?
While the chainplates may be attached to the hull below deck and may be shiny above deck they could be severely compromised in the wet deck area. Stainless is subject to crevice corrosion in the presence of water and lack of oxygen - exactly the conditions in a wet deck.
If you repair it yourself if is not terribly expensive but time consuming and messy. If you pay a yard to do the repair it can be very expensive.
There are lots of boats out there, why buy one in need of a large repair?