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Sold my boat, acceptable payment question????

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Sold my boat, acceptable payment question????

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Old 04-05-2007 | 07:21 PM
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I just got off the phone with the new owner and my bank...cashiers check made out by a 5/3 branch where he's at including loan# and HIN to a 5/3 branch where I'm at! Bank says foolproof and guaranteed!!!!! Hooray! New boat here I come.............................................. .........
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Old 04-05-2007 | 07:35 PM
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You can stop payment on a certified check , be careful. Have the money wired!
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Old 04-05-2007 | 08:25 PM
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if the money is wired you are safe period.
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Old 04-06-2007 | 08:17 AM
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CASH only. In God I trust all others pay cash.
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Old 04-06-2007 | 08:40 AM
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Can a buyer stop payment on wired funds? I thought I remember another thread about scams and revoking a wire transfer after two days???
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Old 04-06-2007 | 09:15 AM
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Originally Posted by THEJOKER
You can stop payment on a certified check , be careful. Have the money wired!
EXACTLY....DO NOT MESS AROUND WITH CHECKS.....CERTIFIED or NOT.....We warned you here on OSO.
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Old 04-06-2007 | 09:16 AM
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Originally Posted by yss
Can a buyer stop payment on wired funds? I thought I remember another thread about scams and revoking a wire transfer after two days???
NOPE...once it is in your account as available funds...its yours........thats why it takes time for the wires to clear the fed res who will back them...if they screw up its their problem not yours......wires cost money and thats what you pay for....peace of mind.
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Old 04-06-2007 | 09:17 AM
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Originally Posted by sakoutis3
CASH only. In God I trust all others pay cash.
Of course but 50k or more could be a bit much to tote around unless your a SOPRANO
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Old 04-06-2007 | 10:33 AM
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Originally Posted by TSPM
Of course but 50k or more could be a bit much to tote around unless your a SOPRANO
Use a bag no problem.
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Old 04-06-2007 | 11:14 AM
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Originally Posted by TSPM
EXACTLY....DO NOT MESS AROUND WITH CHECKS.....CERTIFIED or NOT.....We warned you here on OSO.
Yep - I learned the hard way!
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