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Ok POST experts, lets hear some thoughts

Discussion in 'Post Yacht' started by strongfinish, Oct 22, 2016.

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  1. Capt J

    Capt J Senior Member

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    Buy a handheld palm sized moisture meter at home depot, they are relatively cheap and work extremely well actually. Find an area of fiberglass on the boat you know to be dry to get a baseline. The moisture meter will spike and show moisture in the core/wood and they work pretty good. I forgot what brand I have but it's less than $50.
  2. RT46

    RT46 Senior Member

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    Sorry, I don't know.
  3. strongfinish

    strongfinish Member

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    I'm not going to start a new thread but I would like to get some input on how much reliability there is in moisture meters. I never thought I would find myself in a situation where a surveyors findings are in question rather than the lack of findings being the topic at hand.
  4. Capt J

    Capt J Senior Member

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    I've used a Ryobi from Home Depot with very good results. Now you have to understand they may get false readings in areas like corners and such, BUT, I've found high moisture and then found rotted core.......
  5. chesapeake46

    chesapeake46 Senior Member

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    Between the moisture meter and a hammer you can tell the difference between wet/bad core and a simple void. A void can make a meter show moisture. The tapping with a hammer will help.
    If it is still questionable, you may need to do small, test holes to confirm.
    Where are your trouble spots ?
  6. strongfinish

    strongfinish Member

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    The entire toe rail, entire starboard foredeck seating area, aft flybridge overhangs, both wings below the overhangs, and supposedly the entire aft bulkhead
  7. OutPost

    OutPost Member

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    Sounds about right.

    It's 30-40 years old it's going to be wet in places and those areas you listed don't seem too surprising. How were the hammer soundings? Are the areas solid or spongey?

    Can you live with knowing parts of your boat are wetter than others as long as they aren't crumbling away and you do what you can to stop any further moisture ingress? That's the choice I made although I understand that doesn't necessarily work for everyone.
  8. strongfinish

    strongfinish Member

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    We're going to pass on this boat. There's a lot of work that needs done, and no documentation to verify motor hx, and the seller is firm on price. Thanks for all the input
  9. OutPost

    OutPost Member

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    That's a bummer. There will be others! Keep us posted on your search.
  10. chesapeake46

    chesapeake46 Senior Member

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    May be you are better off.

    I was driving up route 301 about two weeks ago and took a ride around the marina on Kent Island, but I did not see the boat along the bulkhead.
  11. strongfinish

    strongfinish Member

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    It was moved into a sheltered slip
  12. shawn

    shawn New Member

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    Sounds about right in those places with moisture depends how bad. With a bad tank and that with moisture the owner needs to smarten up on his price.
  13. strongfinish

    strongfinish Member

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    In regards to this particular vessel, with all of the moisture found and the broker claiming he and the owner were "surprised", why wouldn't he be willing to negotiate?

    Is there ever a situation where the surveyor "over-surveys" a vessel? This surveyor was extremely thorough, documenting "safety" concerns related to the toe rail (as it supports the bow rail), leaking rudder glands, frozen stopcocks, and excessive corrosion, these were listed as "A" level concerns or "needs immediate attention". He reported the vessel in "fair" condition with a market value under the agreed on contract price.
  14. OutPost

    OutPost Member

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    I have found brokers/sellers are usually unwilling to budge too much off an agreed upon price to accommodate survey findings. It's strange, almost as if they would rather move on, lower the price and sell to someone else - as if the survey is some sort of personal insult.

    Comparison - my surveyor spent more than 8 hours on the boat and I had more than 20 findings but almost all of them I already had an idea of before making my offer.

    The exhaust manifold on the generator busted during the survey and the owner had it replaced on his dime, and also had one of the engines worked on to deal with a low idle stall issue. The rest was pretty much take it or leave it.

    It is inevitable that a competent surveyor will document a lengthy list of items on a boat of this size - one that can measure it's age in decades. if you made a priority list and the cost to repair makes the boat too expensive - you made the right choice to move on.
  15. shawn

    shawn New Member

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    If the surveyor came in with a lower number than asking price and the owner would not move I would walk. The insurance company will want it fixed before they will wright the policy, and then they will only insure it for the survey price.
  16. SeaEric

    SeaEric YF Historian

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    On the subject 1982 Post 42 - Asking price is $64,500. Agreed selling price is $55,000.
    If one of you guys has, or knows of a (comparable) 1980, 1981, 1982 or 1983 Post 42 that doesn't have deck core moisture and can be bought for $55K or less - please let strongfinish know. He is a buyer.
    BTW, this boat has not been fished hard, mostly cruised. Engines are 6-71ti 410's that cold start instantly (in November in Maryland) and don't smoke. Boat runs out well, makes proper RPM's and hits 23-24 knots at WOT. At 1900 she was making 19.6 knots. This before she was hauled and washed as the survey had ended prior to bottom inspection. We expect the
    bottom to be in good condition as she had a blast and barrier coat 10 or so years ago and is hauled and shrink wrapped every Winter. Does she need some stuff? Yep. Don't they all?
  17. SeaEric

    SeaEric YF Historian

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    I just ran a soldboats report for the 1980 to 1983 Post 42's that have sold from January 2011 until today. There were 15 boats in all different prices from $35,000 to $127,000. The average selling price in that time frame was $58,313.
    BUCValu which means almost nothing says $68,100 to $74,900. So I find it tough to believe why a surveyor could not defend a $55,000 value.
  18. SeaEric

    SeaEric YF Historian

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  19. OutPost

    OutPost Member

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    Sounds to me like the surveyor believes the moisture in the toerail is a must fix due to the safety concerns of someone leaning heavily against the bow rail.

    Which would make something that could be a "keep an eye on it, they all have it" kind of finding a "must address immediately" and forced him to consider that in the survey value.

    In the end, a boat is worth what someone's willing to pay for it.

    Last thought - with the amount of money a boat like this will consume each year in maintenance, upgrades, repairs, storage, fuel, etc.. is the actual purchase price up or down 10 or 20 grand going to mean much a few years from now? If the boat requires just too much $$ to make it safe and seaworthy .. walk away. If the repairs are not too astronomical and you otherwise like the boat, I would buy it.

    I think you are going to be in the 70+ range at least for one that hasn't been fished to death that has two solid engines that doesn't have a multi-page findings list.
  20. chesapeake46

    chesapeake46 Senior Member

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    1500 hours is nothing for those engines either
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