100' Yacht Sinking and being Towed off Culebra, Puerto Rico

Its the nordfjord

Hey, I'm still looking to salvage a stabilizer system for our 58 Bertram MY.

I got a great deal on a refurbished Trac 250 from the local Trac shop in FTL. advantage marine service. It had been removed from a boat that upgraded to a newer system, actuators were refurbished and I will get new electronics and controls when we install. He mentioned they had a couple of used system (a few months ago). I ll PM you the phone nr.

Just think of every electric component which gives everyone issues just in the sea air let alone going under. Think of all the engine components (alternatorsm seitches, regulators, resistors, battery selectors/chargers solenoids, miles and miles of wire and connectors put on every little one, breaker boxes, push buttons/one, teo three way toggle switches every light, appliance, electronics, fuel transfer pumps, engine block heaters, head pumps, laundry, entertainment etc, etc, etc. Some people just can't grasp the magbatude of the amount of work that a boat that has gone down has to go through/ Then think of the woodwork, apholetery and all the laminated wood products plus bedding, window trearents, furniture, headiner.........my head is going to explode thinking of all the stuff.
What do you think. How much more would this boat be worth if it didnt go under vs, parts and labor to get it 100% functional.
I redid a 50 ertram that had a minor fire in the entertainment boc in the forward V suite. The rest was just heat damage to the headliner in places and just a bit to the top of the wood cabinets. Just what one would thing was cleaning "minor" smoke damage was a never ending process. I did ok with it & it turned out to be a great boat.
The ONLY type of insurance damaged boat I'd buy is a small Whaler or even a bare bones CC (RegulatorJupiter etc). I'd strip every wire and replace the motors & electronics and it should be good to go A big boat like this? NEVER! How about you? Lets start a list. Everyone name a part or two and put a value (parts and labor) to replace.

Add to what CTDave has said..........
Silt gets everywhere. It is impossible to pressure wash every inch if the interior of the boat.
There are nooks and cranny's that are inaccessible, period.
This means that whenever the humidity in the boat gets high, the silt begins to smell.
That alone would make me shy away from a sinker. ( stinker )

There are so many used boats on the market that, unless you really enjoy the process, it is not logical to buy one with such problems.

If I have done it once i can do it again

Plus I had just been looking at it as a possibility we have a way better deal going right now