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Aug 06 2009

Searching for a Sailboat – Part 3

Okay, so we’ve spent a lot of time looking and researching.  As it seems, it will end up cost us more to buy a boat in need of repair and spending money to fix it up than it will paying more for a boat in good condition.  It’s kinda like buying a classic car that has been restored as opposed to restoring it yourself.  You never recoup all that you spent, and probably loose about half of what you spent.

The other day I decided to incorporate some brokers into our search.  Although we will probably pay cash for whatever we buy, there is also the thought of financing with a healthy down payment.

More to come…

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