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08-08-2013, 05:20 PM
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#21
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Member
City: Sacramento
Join Date: Aug 2013
Posts: 22
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Yeah, I can move with all the ammunition you guys have provided me with. This is the first I have looked at only because it was at a familiar Marina, and I had met the guy before. I want a boat that is useable in every manner. From a liveaboard to something that is more capable of a long cruise is what I am ultimately seeking. I will get in contact with the owner and see what his thoughts are, I highly doubt he will want to sell it for less than what he owes. A payment on nothing would certainly suck.
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08-08-2013, 05:50 PM
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#22
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Guru
City: Hotel, CA
Join Date: Sep 2011
Posts: 8,323
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Quote:
Originally Posted by cseitz91
I highly doubt he will want to sell it for less than what he owes.
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The difference between what he owes and what it's worth is a problem shared by he and his lender. It's not your problem whatsoever.
Go look at $50,000 boats on Yachtworld and see how many are advertised with blown engines. Not many is my guess. What's so great about boating is we all get to decide how to spend our money.
__________________
Craig
It's easier to fool people than to convince them that they've been fooled - Mark Twain
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08-08-2013, 06:24 PM
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#23
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Member
City: Sacramento
Join Date: Aug 2013
Posts: 22
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Quote:
Originally Posted by CPseudonym
The difference between what he owes and what it's worth is a problem shared by he and his lender. It's not your problem whatsoever.
Go look at $50,000 boats on Yachtworld and see how many are advertised with blown engines. Not many is my guess. What's so great about boating is we all get to decide how to spend our money.
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This Is true and the value of this boat is only dropping. Its unfortunate that the shape of it is moving in the same direction as the value.
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08-08-2013, 08:00 PM
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#24
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Guru
City: Sydney
Vessel Name: Sojourn
Vessel Model: Integrity 386
Join Date: Oct 2011
Posts: 12,806
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Having seen a usable but imperfect one asking 64K online, add up the deck, rot, paint,timber,engine repair, etc etc cost, deduct that, you might get a figure. That`s a valid way to get a price, as opposed to what it owes the Bank.
RTF`s 10K has a ring to it.
Depends what you want to pay to get that slip (and how secure that is), and how you value dealing with someone you think is a nice guy, who is really just a boat seller who did not think the boat was worth maintaining.
__________________
BruceK
2005 Integrity 386 "Sojourn"
Sydney Australia
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08-09-2013, 12:38 AM
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#25
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Guru
City: SF Bay Area
Vessel Model: Tollycraft 34' Tri Cabin
Join Date: Feb 2011
Posts: 12,474
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08-09-2013, 04:50 AM
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#26
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Hospitality Officer
City: Pittwater
Vessel Name: Sarawana
Vessel Model: IG 36 Quad Cabin
Join Date: Sep 2010
Posts: 1,867
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Cseitz91, Well Gilligan, which post answers your question best, to recap lets see what they thought:
psneeld;The Old Testament warning , a real time horror storey, from the 'we need a bigger boat' school of antidotes
Barco Sin Vela The I'm with him approach, coupled with AND what else! approach
CPseudonym;The Spencer Tracey 'Old Man of the Sea truism',ignore at your peril son
Adelaide; the Clint Eastwood cut to the chase, 'screw the owner, how much?'
RT Firefly;The immortal Groucho take on things, (these are always highly anticipated, and this doesn't disappoint),'He wants YOU to pay for the boat?'
beachbum29; the glimmer of hope message, 'despite the odds I survived'
SeaHorse II;The John Wayne, 'listen to me pilgrim, and listen carefully'approach updated to the 21@ with smilies
BruceK; The Atticus Finch take, 'lets way up the options and not be hasty approach favoured by University& legal types the world over
Art; the 'Lot's Wife' approach, 'walk away and DON'T look back.'(remember what happened to her)FWIW I think Art invented Smilies
AND me? As the old movie line goes,"I'm with him"
PS I hope I didn't leave anyone out.
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08-09-2013, 06:18 AM
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#27
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Guru
City: Joe Wheeler State Park, Al
Vessel Name: Serenity
Vessel Model: Mainship 36 Dual Cabin -1986
Join Date: Jul 2011
Posts: 1,251
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The problems that you have listed with this boat are only the obvious ones. This is not a 'needs TLC' boat. This is a major, major project boat.
I say go ahead and buy the boat. You will have gotten into the great hobby of boat repair with many years of experience to be gained by it all. The forum members here will be busy and happy to help you along the way. You never know what the future brings and so maybe you can get into the hobby of boating some day.
Best of luck in whatever you decide.
__________________
Cruising the Eastern U.S. Inland Waterways and Gulf Coast. Presently on the ICW in Louisiana and heading Back to Texas.
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08-09-2013, 08:20 AM
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#28
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Member
City: Sacramento
Join Date: Aug 2013
Posts: 22
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Quote:
Originally Posted by Tony B
The problems that you have listed with this boat are only the obvious ones. This is not a 'needs TLC' boat. This is a major, major project boat.
I say go ahead and buy the boat. You will have gotten into the great hobby of boat repair with many years of experience to be gained by it all. The forum members here will be busy and happy to help you along the way. You never know what the future brings and so maybe you can get into the hobby of boating some day.
Best of luck in whatever you decide.
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I agree with you all on this one. The boat layout was great no doubt, but everything else was less than par. I was a little blown away when he told me what he wanted/owed on the boat, it was one of those " sucks for you" moments. I am going to keep on looking, and I don't thing that the boat is going anywhere soon, so if I decide to make him a realistic offer on his floating headache then I just might, but until then I'm keeping my options open
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08-09-2013, 08:35 AM
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#29
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Enigma
City: Slicker?
Join Date: Oct 2007
Posts: 16,029
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Greetings,
Mr. 91. Wise choice...enjoy.
__________________
RTF
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08-09-2013, 08:46 AM
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#30
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Guru
City: SF Bay Area
Vessel Model: Tollycraft 34' Tri Cabin
Join Date: Feb 2011
Posts: 12,474
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WHEW! Another boat buyer saved from da fire of worthless used boats!! TF Rocks!!!
Keep looken!! You'll find a goody. Winter is usually best time to cut a deal and in winter many boat owners become "really-ready" to sell...
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08-09-2013, 09:27 AM
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#31
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Guru
City: Santa Cruz, CA
Vessel Name: Concerto
Vessel Model: 1980 Cheoy Lee
Join Date: May 2013
Posts: 1,531
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Quote:
Originally Posted by Andy G
Cseitz91, Well Gilligan, which post answers your question best, to recap lets see what they thought:
psneeld;The Old Testament warning , a real time horror storey, from the 'we need a bigger boat' school of antidotes
Barco Sin Vela The I'm with him approach, coupled with AND what else! approach
CPseudonym;The Spencer Tracey 'Old Man of the Sea truism',ignore at your peril son
Adelaide; the Clint Eastwood cut to the chase, 'screw the owner, how much?'
RT Firefly;The immortal Groucho take on things, (these are always highly anticipated, and this doesn't disappoint),'He wants YOU to pay for the boat?'
beachbum29; the glimmer of hope message, 'despite the odds I survived'
SeaHorse II;The John Wayne, 'listen to me pilgrim, and listen carefully'approach updated to the 21@ with smilies
BruceK; The Atticus Finch take, 'lets way up the options and not be hasty approach favoured by University& legal types the world over
Art; the 'Lot's Wife' approach, 'walk away and DON'T look back.'(remember what happened to her)FWIW I think Art invented Smilies
AND me? As the old movie line goes,"I'm with him"
PS I hope I didn't leave anyone out. 
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ha ha. I needed that laugh this morning  . thanks
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08-09-2013, 10:18 AM
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#32
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Guru
City: somewhere
Join Date: Jan 2013
Posts: 1,356
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Quote:
Originally Posted by bligh
ha ha. I needed that laugh this morning  . thanks
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That is a great post!
__________________
Life is a Beach
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08-09-2013, 10:49 AM
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#33
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Guru
Join Date: Dec 2007
Posts: 3,987
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Beware of old Volvo engines...run from them as you would the plague. Volvo does not support legacy engines with replacement parts. If you need a component you are SOL.
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08-09-2013, 11:06 AM
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#34
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Member
City: Sacramento
Join Date: Aug 2013
Posts: 22
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Quote:
Originally Posted by ancora
Beware of old Volvo engines...run from them as you would the plague. Volvo does not support legacy engines with replacement parts. If you need a component you are SOL.
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That is what I have been hearing. So the best option for that is pull them both and... Put Lehman? Or...
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08-09-2013, 12:18 PM
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#35
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Guru
City: Adelaide
Vessel Name: Kokanee
Vessel Model: Cuddles 30 Pilot House Motor Sailer
Join Date: Jul 2012
Posts: 3,215
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Quote:
Originally Posted by cseitz91
That is what I have been hearing. So the best option for that is pull them both and... Put Lehman? Or...
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Or...... Do what the owner is doing, and try to find an inexperienced person with rose tinted glasses that is looking a bargain!
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08-09-2013, 12:32 PM
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#36
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Member
City: Sacramento
Join Date: Aug 2013
Posts: 22
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Quote:
Originally Posted by AusCan
Or...... Do what the owner is doing, and try to find an inexperienced person with rose tinted glasses that is looking a bargain!
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Ha ha its not going to be me
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08-09-2013, 04:21 PM
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#37
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Senior Member
City: Circleville, Ohio
Vessel Name: Sunset Lady
Vessel Model: 1975 Chris Craft 35 Aft Cabin
Join Date: Jun 2011
Posts: 276
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Quote:
Originally Posted by cseitz91
Ha ha its not going to be me
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Congrats on dodging a major bullet!! Keep looking and reading the forum & archives for great information. While you're at it, sit down with yourself and have a serious look at your wants and needs in a boat. This might be the hardest thing to do in buying a boat. "I'd sure like to have......" will fall to economic realities. I continue to pass on the wonderful advice I was given when looking for a boat "Don't buy the biggest boat you can afford, buy the smallest you can live on." We did that, and don't regret it for a moment.
Good Luck in the search.
__________________
Bilgewater
"Keep putting off till tomorrow, and you'll end up with a lot of empty yesterdays" Prof. Harold Hill
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08-09-2013, 04:24 PM
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#38
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Guru
City: Santa Cruz, CA
Vessel Name: Concerto
Vessel Model: 1980 Cheoy Lee
Join Date: May 2013
Posts: 1,531
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91, I am looking in teh same area as you are. There are tons of other boats out there if you havent started looking yet. Just browsing through yachtworld for the last month, I already have a pretty long list of boats to go through as I'm sure you will too if you still decide you are in the market.
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08-09-2013, 04:28 PM
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#39
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Senior Member
City: La Conner, WA
Vessel Model: 1983 Tung Hwa Clipper
Join Date: Sep 2011
Posts: 385
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Quote:
Originally Posted by cseitz91
That is what I have been hearing. So the best option for that is pull them both and... Put Lehman? Or...
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or.... Run!!!!
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08-09-2013, 06:16 PM
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#40
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Guru
City: Ft Pierce
Vessel Name: Sold
Vessel Model: Was an Albin/PSN 40
Join Date: Oct 2011
Posts: 26,603
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I bought a POS because of the floor plan...knew what I wanted, could afford and was willing to do with what I wanted without a major cabin redo/retrofit.
So....ya gotta do what ya gotta do sometimes to win in the long run...but if you don't HAVE to have a certain model or layout within a certain (read low) price range...then yes...be more selective.
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