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  1. #21
    Registered Biggus's Avatar
    My Boats:
    02 Cigarette Mystique T/S
    Join Date
    Apr 2001
    Naples, Maine
    DJD, I know how you feel! I had a guy back out on the Baja sale also, after I had told a serious buyer it was sold The serious guy bought another boat the same day

    I hate tire kickers!!!!


  2. #22
    OffshoreOnly Antagonizer VIP Member Phknlwyr's Avatar
    My Boats:
    1981 Sears inflatable, twin oars
    Join Date
    Mar 2002
    Bethesda, Maryland
    Do you mind if a real Phknlwyr chimes in?

    Pick a number that will make you somewhat whole - i.e. covers advertising expenses and other incidentals that you incurred as a result of the contract. Double that number and offer to refund the difference to the buyer.

    The term "reasonable" in any contract, but especially a sales contract, is an invitation for litigation. You may want to consider quantifying the "reasonableness" of the insurance with a maximum cost to Buyer. What may seem reasonable to you may seem outrageous to a buyer. If you agree on a sum in advance (after checking with your insurance agent ahead of time) then you will not be faced with a subjective test such as the one you presently face.

    If you have the deposit in your possession, then the onus is upon the Buyer to sue you for is return. If you get into litigation, you will need a lawyer $$$$, an insurance agent as a expert witness $$$$, and the time and aggravation to see the matter through to the end. If you sales contract provides for attorney's fees to the prevailing party if litigation is necessary to enforce the terms of the contract, take the matter to an attorney and request that they take it on a contingency basis.

    Good luck.
    "Kevin, prepare for the summer."

    -Mr. Sorkin, 10th Grade Geometry teacher

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