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Hi, Doug,
"DSK" wrote in message ... Skip Gundlach wrote: Well, really, this is more of a preview than a report... ....(snip for brevity) ..... This offer was accepted. ....We included several conditions: *An engine survey.... *full survey.... *sea trial... *Financing... Knowing that you're up against a lawyer owner here, I hope that your contract was worded such that he will hesitate to take you to court to force you to hand over the money, or keep your deposit. I have heard some funny (well, let's say peculiar) stories about sellers who demanded lots o' cash because the buyer's conditions were worded "subject to survey" and did not specify that it had to be acceptable to the buyer only. Since I didn't actually see it - Lydia prepared it, and faxed it from her office - I can't say definitively what the conditions' language was/were. However, the money is in escrow with our broker, and certainly, that's *their* construction of our offer. When we bought our boat, one of the things I did was to get a "standard sales contract" from several brokers, go over it with a lawyer, and write up my own sales contract which accompanied all our offers. Several brokers did not want to play this game, to which I always replied "OK, there's a lot of other boats for sale we want to check out, bye." The boat we eventually bought accepted our contract the second time, although the bank tried to play some funny business. It never ceases to amaze me the types of games people will play for money. No kidding. However, in this case, the lawyer screwed up, and faxed a signed copy of the deal to my broker. However, the listing broker had received an addendum which basically rewrote the selling broker's contract (looking to bill the estate more??), but also halving the difference between our offer and his counter. My broker's position is that we have a signed copy of our counter, and demanded assurance from the lister that this would not be an issue, which assurance he received. We're quite prepared to walk, though it would absolutely break Lydia's heart, if it became an issue. Absent an included addendum, however, my broker's position is that we have an accepted offer without same, and that seems acceptable to the seller, particularly since it was his error. However, I remain on my guard :{/) L8R Skip and Lydia, by proxy -- "And then again, when you sit at the helm of your little ship on a clear night, and gaze at the countless stars overhead, and realize that you are quite alone on a great, wide sea, it is apt to occur to you that in the general scheme of things you are merely an insignificant speck on the surface of the ocean; and are not nearly so important or as self-sufficient as you thought you were. Which is an exceedingly wholesome thought, and one that may effect a permanent change in your deportment that will be greatly appreciated by your friends."- James S. Pitkin |
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