So much hysterical drama, guys!
I had a Tyee for years. That drain hole was resin-sealed at the factory. It may have allowed some moisture into the core over an extended time. However, it was likely salt water from the splash well, if it's an ocean boat. Salt pickles wood and does not support fungus - rot. I doubt there is any relevant decay.
Negotiate the price. People panic at the thought of rot. If it troubles you, dry the area with a hair dryer (not a heat gun) on low for a few hours. Clean out the hole with a burr on a drill. Mix up slow, low viscosity epoxy and flood the hole. Tape off one side, then use a Tuck tape dam and funnel on the other side. Before the epoxy goes off, clean the exterior surfaces with acetone.
Keep your boat out of the rain. They can develop rot at the top edge of the transom, when the sealant fails below the aluminum trim. Mine did but it was easily repaired. Malibu's are great boats! Enjoy it!