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AZ Parothead · 21-07-2016, 22:08

Quote:

Originally Posted by Don C L

Aha! I believe you have it. The Formosas did come with oval portlights.
Here's a shot of one...

That's the one. Thank you so much!

AZ Parothead · 21-07-2016, 22:09

Quote:

Originally Posted by flagbag

Alright!
Now please tell me I won the boat!

From the pics it looks like it's docked in arid and rocky area, similar to my Western Sea of Cortez haunts... I could work on her this winter and set sail before spring!

She's in Penasco

Mikado · 22-07-2016, 09:24

Why not just ask the owner? Surely he must know if they have a title?

AZ Parothead · 22-07-2016, 09:28

Quote:

Originally Posted by Mikado

Why not just ask the owner? Surely he must know if they have a title?

Yes, that's the plan. But wanted to gather as much information as possible before reaching out. Things work....differently...down here. A Mexican lady owns the boat and apparently she has no idea what to do with it.

**Don C L** · 22-07-2016, 10:10

Figure out how much $ and time you'll need to fix her up then triple it.

AZ Parothead · 22-07-2016, 21:25

Quote:

Originally Posted by Don C L

Figure out how much $ and time you'll need to fix her up then triple it.

Yes. Total gut Job. My research indicates that the Formosa Yard in Taiwan had questionable quality and the design was an unauthorized knock off of the Petersen 44. Rudder problems, deck leaks, and blistering were common.

AZ Parothead · 25-07-2016, 09:02

Well folks, took a good look at the boat yesterday with the owner. Confirmed it as a 1978 Formosa Petersen 46. Pulled up all the floorboards, ran the motor, verified charging on the alternator and turned all the winches and sailing gear.
Owner is a Mexican national and the boat is currently registered in AZ and legally imported in Mexico.

Backstory: she and her husband were GIVEN the boat by some American friends who got too ill to sail it. She's a scuba instructor and their dream was to build a little business here taking tourists out to dive at Bird Island. Fast forward a couple years, the husband left her and her two kids (7 and 9!) and took off for Cabo leaving her with a boat, a shattered dream and a big dock payment....

So the down and dirty:

PRO:

1. Interior woodwork is in beautiful shape. Looks brand new and has been lovingly maintained by the previous owners. Hand carved art on the doors, deep mahogany throughout, nice overall layout of the interior.

2. Current owner has done her best to keep up the boat including 4 new house batteries, new battery switch, and some general maintenance on the motor. Motor turned over without an issue and ran smoothly both at idles and powered up. Motor appears to be the original 85HP Ford Diesel.

3. Garmin Chartplotter (2010 model), wind speed/direction, knot meter, and depth sounder all function.

4. Sails appear to be in mediocre shape but are not ripped--definitely UV damaged though but are serviceable. Bow roller furler appears serviceable.

5. All deck winches and hardware turn easily. Mast winches function. Standing rigging was replaced 3 years ago. No signs of chafe, wear, or fraying on any of the wires.

6. Boat has a generator--but it's not connected.

The Bad:

7. Deck needs a total gut. All the teak decking is rotted away. Verified that it is wood over fiberglass with screws. there are soft spots everywhere where water's gotten in. Particularly around the deck openings and hatches. Owner agrees. Plan would be to pull all the teak decking, re-glass the entire deck with epoxy, then awlgrip (or something similiar)

8. Needs all new running rigging. Not surprised there.

9. Lots of cosmetic damage on the hull. It's sad really. Properly sized fenders would have prevented 90 percent of the dings. There is some gelcoat damage on the bow that aprears to have come from hitting the dock.

The Ugly:

10. There's six inches of water in the bilge. Owner says it's because the stuffing box has a bad leak. I'm not sure she knows what she's talking about. She had some work done during the last haul out 18 months ago and she says they "used the wrong screws" and the boat has developed the leak in the last 6 months. This sounds dubious at best to me. Either way she'll have to be hauled to repair the leak--where ever it's coming from.

Interested in your thoughts. Owner thinks it's work 20K. There's no way I'm paying that. It's a risky boat given the leak and the condition of the topsides. That having been said, everything seems repairable and the hull is sound. (I tapped out most of the hull).

Pics to follow.