Artzco
Well-known member
- Joined
- Dec 16, 2011
- Messages
- 640
- Status
- OTHER
- Hatteras Model
- Not Currently A Hatteras Owner
Well, I spoke the broker and this what he had to say as best I can remember:
" The boat was owned by a couple, he died a few years ago. She wants to sell it. The boat has been out of the water for two years. An engine survey was completed by Atlantic Florida Marine, in the slings, cannot launch boat because of leaking seals and stuck seacocks. Engine survey looked good, minor problem with an injector, no smoke... Survey cost $1200 and is available for $600 if I want it. The survey was commissioned by a buyer who intended to purchase the boat but couldn't get title because it was tied up by the estate executor. He walked away after a while. A stabilizer needs some work, batteries are all dead. Rise glass needs replacement, panel damage to wood from leaking windows... Broker thinks $20,000 to get her fixed up."
I am a little indecisive about this. I am not afraid of doing the work but unsure of the depth, scope and cost. I have read and completely understand the view point of buying one that is as perfect as possible but I enjoy working on projects and certainly have the time. Any thoughts?
I bought mine because it was at a very low price and I knew what it would take to bring it up to standards. The PO did almost no maintenance and as a result the majority of systems needed replacing or major repair. Even with my estimates it was over double the projected dollars. $20k will barely get you out of a boatyard and a boat sitting up dry for a long time has a very negative effect on everything. As suggested, look closely at any mold issues.
Proceed cautiously and with your eyes & wallet open. Sometimes it's more pleasurable to be sitting with a cool beverage on the boat than saying, "we'll soon be on the water cruising."