Originally Posted by dhays
You know if they are serious if they negotiate a price subject to inspection, sea trial, and survey. Negotiate a price, have them give you a refundable 10% deposit, then go do an inspection.
What exactly is the value to the seller of a refundable 10% deposit with price subject to inspection, sea trial, and survey? The would be buyer only has to say it didn't meet my expectations...deal is off. Meanwhile, by accepting the deposit, the seller would seem to have taken the boat off the market pending the outcome of inspection....