"Short Wave Sportfishing" wrote in message
...


By the way, did you guys close on Soul Source?



Now it's *this* Friday. (was supposed to be last Friday)

Last Thursday, a day before the closing, the buyer decided to finance
through a home equity loan or second mortgage instead of the boat loan he
had originally set up. Kinda ****ed me off, but there's really nothing
that can be done about it. In a boat sale, the buyer holds all the cards
.... the seller just has to adjust.

He was supposed to close on the financing yesterday at 4pm. Then,
apparently there is a 3 day *wait* period in Maryland, so the funds won't be
available until Friday.

I get a kick out of his broker. He sent an email apology for the 11th hour
delay and informed me that the buyer had authorized the release of the
downpayment funds to show "good faith". Big deal. It means the two
brokers get most of their commissions. The seller gets nada. I don't
care much for the buyer's broker. He's a glib motormouth who thinks he's
big shot. Back when we were trying to schedule the sea trial and survey, I
was concerned about the weather at the time and made it clear that the final
decision to get underway would be mine. He tried pulling the legal angle,
reminding me that I "had a contract". That didn't go over very well and
I politely but firmly told him where he could shove his contract. I don't
think he likes me much either.

But, there's nothing to suggest the deal won't happen. The buyer is
actually a pretty decent guy and is looking forward to taking "Soul Source"
to MD this spring.

Eisboch