Now let's all discuss what could possibly be wrong with this for it to have a price like that.
The man wants my partner to come look at it, and my partner doesn't scuba dive, so I have ruled out that it was sitting on the bottom of the ocean as one reason.
LOL...yep, here I am. The bank wont finance it without the inspection, just like a house. That pricetag is way too low for what you described. He just MUST get the inspection and figure out what is wrong with it. It may be defects that can be remedied, but I have learned from experience that doing ANYTHING to a boat is expensive and an enormous pain in the ass -- more than one would think! Some defects cannot be remedied. My bet is that the boat has run aground or flooded and caused some serious defects to the hull, but who knows really. I'm no expert.
Your friend should learn to scuba. =-) It's the best way to check the bottom for debris and barnacles and such, if he does get a big boat.
The Dorf -- That boat is absolutely a masterpiece.