I'm considering buying a mid-80's Ericson 26' sailboat. The CO said there are "a few" small blisters in one area that remained unchanged in the 10 years he's owned the boat. My surveyor now says there are hundreds, if not thousands, of small pimples all around the hull near the water line and down six inches below (though in some areas they extend 20 inches). But he also says they are not structurally significant, just cosmetic. Given the asking price of the boat (substantially below NADA value) and the age, I cannot economically justify doing a complete repair that cost more than the purchase price of the boat. I'm getting back in sailing after a few years off, and I'd appreciate current wisdom on whether you would accept a boat covered with small "cosmetic" pimples. (After reading about this extensively, I'm not sure if there are any 20+ year boats without some blisters.) I expect the performance of the boat will suffer, but I'm mostly buying for cruising. One of the many articles I read said that small blisters in a 20+ year old boat should not concern a buyer nearly as much blistering in a fairly new boat.
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