"The friggin boat likely cost more than Virgies house is worth."
Didn't she say her house is worth, $70,000-$80,000?
Click on this site to see how much some "boats" are worth. Keep in mind, most of these are used and not 2007, new models:
http://www.yachtworld.com/boats/Sunseeker/1
They bought a 10 year old 40' Carver sport motor yacht. The engines had less than 500 miles on them. Top price would run about $200,000.