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fwiw - it really bothers me that there being another potential buyer
could have been a major factor (I'm not saying it was in fact, all we have is Jay's impression). Maybe it's just me, but if a seller takes a deposit and starts the sell/buy process with a buyer, then other potential buyers should not be a consideration. You never know what other people are going to do. When my partners and myself were looking for a plane (which I still have), we followed up the ads in the LA Times one Saturday. The first plane wasn't what we were looking for, so we continued on. As we were leaving a guy in a Cadillac showed up to look at it. The second plane was more like it - much newer, well equipped, and reasonably priced - Not that there weren't some maintenance questions to be answered. After we'd been there awhile and were discussing making an offer among ourselves, the Cadillac guy shows up. Within no more than five minutes and no more than a few cursory glances over the plane, he's writing a check. Dunno if it was a deposit or full price - we walked away at that point. David Johnson |
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