Monthly Cruising Budget: Month 1 – Buying a Sailboat
We closed on our boat on July 1st in Racine, Wisconsin. July is the first full month in our Monthly Cruising Budget series and is also the first full month of boat ownership.
We closed on our boat on July 1st in Racine, Wisconsin. July is the first full month in our Monthly Cruising Budget series and is also the first full month of boat ownership.
WE FINALLY BUY A SAILBOAT. It feels like we’ve been searching for a boat forever! In this episode we finally buy a boat, a beautiful Tartan 37.
Our offer was accepted on a Morgan 382! The boat is in fabulous condition, but still needs a bit of work. Fortunately she doesn’t need repairs, just finishing.
There are literally thousands upon thousands of boats on the west coast, and we can’t find one to fit the bill? Up until this point, we had limited our boat search to catamarans, with a price tag of $50,000 or less.
We’re off again to see another catamaran — this time to Seattle. We fly from San Diego, hop a few trains, ride a couple ferries and even inflate a paddle board to get to the boat, which is moored on Orcas Island, in the San Juan Islands.
The sailboat hunt is on! We drive from San Diego, California to Guaymas, Mexico to see a catamaran named Imi Loa.
We show you a slice of our San Diego lives, and talk about why we decided to leave our beach cottage in California — for life aboard a sailboat.
It’s all coming together. The surveyor just emailed us the official survey report, which means we can sign the Acceptance of Vessel agreement, sign up for an insurance policy, and schedule the closing.
For one blissful month, we believed we had found our sailboat. Our offer was accepted, the survey went fine, and Jack, the current owner, had started the woodworking punch list we requested be finished prior to closing.
We submitted an offer on the Morgan 382 in Milwaukee… and the seller accepted. My excitement is on a low simmer. The boat’s not ours…yet.