That's something you might expect to happen in 30-40 years, not next year.
Sorry to hear some of the guys on this board scared you away. They gave you bad advice. Should have listened to your surveyor and bought it.
There is still a chance to buy it...as it stands now, I gave the seller a 300$ deposit, and hes waiting me for end of april - may to come , test it on the water, inspect it mechanically and pay the difference. I havent called him yet..and try to negociate , because most probably he will say come and get ur deposit and the deal is off, there are some many buyers right now and not a lot of boats in this price range.hul I went to see another boat in the area, thats a 2001 same model, and the price is 1000$ over and the boat is not in as good condition as the first one, its been kept outsides during the canadian winters, with just a tarp over, it had been some scratches and the whole hull re-painted (or the probably the correct word is gel- coated due to some scratches he says )...so im still thinking it over it and over it again..