Stephen Trapani wrote:
Okay, after getting advice here, I'm the guy who wouldn't go $8500 for a
'68 Newport 30,' and after seeing the Piver and hearing the warnings,
ran
....snip...
Is this too good to be true?

Stephen,

You seem like a smart guy and you're a fellow Northwesterner, so I
hate to rain on your parade. We get enough of that here as it is.
But...

Remember the old saying, "If it sounds too good to be true, it is."

Obviously I have zero personal knowledge about any of the specifics
you're looking at. It's possible you could get the deal of the
century. IMO, it's more likely you're gonna get an education in
economics.

I don't remember if you gave any history in your original post. Have
you considered simply chartering? When you take that initial $multi-K
investment, then add on everything you hafta add on to own a boat year
'round, like marina fees, insurance, maintenance, repairs, etc. Well,
it just might be more economically realistic to charter or join a
sailing club and do a time-share kinda deal. There are lots of those
around Puget Sound.

What type of boat is this repo/lien/auction thingy?

Frank (in Everett)