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The smart buyer: A look at the lending climate

After the recession, consumers became accustomed to loan terms that were less favorable. Now marine lenders say the public’s tolerance is shifting to frustration over the “new normal” as the more stringent lending criteria linger.

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Superb sights and sailing in Bay State harbor

This home in Marion, Mass, has a bulkheaded waterfront and a private dock.Great sailing, warm water and wonderful family gatherings: That’s how Dick Godfrey of Santa Barbara, Calif., remembers his parents’ home on the inner portion of Sippican Harbor in Marion, Mass.

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Vanished

The storied 50-foot schooner Niña, once considered one of America’s greatest ocean yachts, disappeared on the brutal Tasman Sea

The search covered an area eight times the size of New Zealand.The 85-year-old staysail schooner Niña, a fabled 50-foot (LWL) ocean racer that once was the flagship of the New York Yacht Club, disappeared without a trace on the stormy Tasman Sea with its American owner, his wife and 17-year-old son, and four crewmembers.

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My course to the Cup

In the summer of 1983, as a young journalist at the Newport (R.I.) Daily News, I was assigned to cover the America’s Cup races. I knew nothing about sailing or the America’s Cup, but it sounded a lot better than covering town hall meetings.

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The smart buyer: Smart, attractive ads hook boat buyers

When selling a boat, the objective, of course, is to find a buyer as quickly as possible and get the best price for a boat of its type, condition and age. And the way the boat is presented in classified advertising can make all the difference.

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