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First recorded activity by BoatBanter: Jul 2006
Posts: 8,995
Default Recent Boat Transactions


"DownTime" wrote in message
. ..
Just curious to know if anyone here has recently had a negative experience
in either buying or selling a boat. I have mine listed for sale, and a
potential buyer coming on Friday.

In the past, I tended to be somewhat of a trusting soul, and generally
considered cashier's check good as cash. With all the fraud and scammers
in the world, would anyone accept a cashier's check and hand over the
keys? I am not likely unless it is drawn against a local bank I can walk
into to get my cash.

The buyer had asked to be able to do an electronic wire transfer, which
sounds reasonable to me for this transaction. The institution I use does
not have a local brick-and-mortar facility to walk into. I am not
interested or looking forward to driving 2.5 hrs each way to get to it
either.

I'm interested to know if anyone has recent experiences with problems or
positives with fairly significant sums of money being exchanged.


I sold my sailboat last year and accepted a partial transfer payment for
about 40% and a personal cheque for the remainder.
i was nervous, but the buyer and his wife were friends with on of my sons
friends.
This city is just small enough that you can find almost anyone...getting
money back is another matter though.




 
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