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Forum: Classifieds Archive 06-11-2016, 14:58
Replies: 30
Views: 4,023
Posted By Pelagic
Re: Safe to send a 'refundable' deposit to a broker, so they'll hold it...

Obviously, there are exceptions to simple refund, because of disputes in who pays for damages during surveys or added yard charges..... So these need to be made very clear.

Inventory is another...
Forum: Classifieds Archive 05-11-2016, 23:22
Replies: 30
Views: 4,023
Posted By Pelagic
Forum: Classifieds Archive 05-11-2016, 18:31
Replies: 30
Views: 4,023
Posted By Pelagic
Re: Safe to send a 'refundable' deposit to a broker, so they'll hold it...

That means they did not put your deposit into a named Escrow Account as was my experience....

I knew when I made the transfer that it was going into a protected account.

We do this all the time...
Forum: Classifieds Archive 05-11-2016, 17:40
Replies: 30
Views: 4,023
Posted By Pelagic
Re: Safe to send a 'refundable' deposit to a broker, so they'll hold it...

Covey, there are a lot of negative neighsayers on here who's idea of doing their business, starts in the toilet.

Reputable brokerage company and a proper contract to them is like toilet paper.
I...
Forum: Classifieds Archive 04-11-2016, 18:42
Replies: 30
Views: 4,023
Posted By Pelagic
Re: Safe to send a 'refundable' deposit to a broker, so they'll hold it...

Sorry Terra Nova, my mistake!....I read your post to mean that you need an official survey rather than inspection.

With a reputable broker, I felt comfortable "reserving " a boat sight unseen, for...
Forum: Classifieds Archive 04-11-2016, 17:45
Replies: 30
Views: 4,023
Posted By Pelagic
Re: Safe to send a 'refundable' deposit to a broker, so they'll hold it...

No true...much as Wayne b explained about due diligence on the Broker.

Unseen....I put up 10‰ of an initially negotiated price with a reputable seller's broker.
This to hold the boat for one...
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