On Fri, 10 Mar 2006 00:45:57 GMT, "Thomas Wentworth"
wrote:

Too many stories about people who buy low and then find out later why the
boat was "low".

That's why picking the right surveyor and learning to read between the
lines of his report is such an important part of the process. A good
surveyor will always save you money, sometimes a lot of it.

In the world of older sail boats, there are a lot of negative value
hulls out there. These are the boats that will cost more to fix up
and make seaworthy than they will ever be worth again.