"oh, that's common practice"

I was attempting to set up a pre-purchase inspection on a Tcraft at Ft.
Lauderdale.
The owner said he'd need a $500 non-refundable deposit before anyone
did the inspection. "they might nick the prop, or drop a sparkplug
or....". and he said "that's common practice".
Having looked at 5 Tcraft in the last three months, I knew that wasn't
common practice.
I'm thinking this is one deal I should walk away from, facing the
seller as I walk backwards.

Just as a sanity check though, have you heard of a seller requiring a
non-refundable deposit prior to an inspection? - Mike

I've never heard of it but, then, I haven't had the opportunity of
seeing or hearing every possible situation...

Personally, I think the seller knows the Tcraft has some problems and is
hoping to at least get $500 from you.... before you cancel the deal...

You've got the right idea, though, about walking away...

John

mhorowit wrote:
I was attempting to set up a pre-purchase inspection on a Tcraft at Ft.
Lauderdale.
The owner said he'd need a $500 non-refundable deposit before anyone
did the inspection. "they might nick the prop, or drop a sparkplug
or....". and he said "that's common practice".
Having looked at 5 Tcraft in the last three months, I knew that wasn't
common practice.
I'm thinking this is one deal I should walk away from, facing the
seller as I walk backwards.

Just as a sanity check though, have you heard of a seller requiring a
non-refundable deposit prior to an inspection? - Mike

In article .com,
"mhorowit" wrote:

I was attempting to set up a pre-purchase inspection on a Tcraft at Ft.
Lauderdale.
The owner said he'd need a $500 non-refundable deposit before anyone
did the inspection. "they might nick the prop, or drop a sparkplug
or....". and he said "that's common practice".
Having looked at 5 Tcraft in the last three months, I knew that wasn't
common practice.
I'm thinking this is one deal I should walk away from, facing the
seller as I walk backwards.

Just as a sanity check though, have you heard of a seller requiring a
non-refundable deposit prior to an inspection? - Mike

It sounds like an attempt by the seller to make a quick $500 --
especially if he knows something about the plane that you don't (bad
fabric, sick engine, rusty tubing -- to name a few possibilities).

--
Remve "_" from email to reply to me personally.

Tell him that if the deposit is non-refundable, that the seller is REQUIRED
to address all discrepancies found to the buyer's satisfaction. That's
common practice too.


If he can make up the rules, so can you.

Calvinball anyone?



"mhorowit" wrote in message
oups.com...
I was attempting to set up a pre-purchase inspection on a Tcraft at Ft.
Lauderdale.
The owner said he'd need a $500 non-refundable deposit before anyone
did the inspection. "they might nick the prop, or drop a sparkplug
or....". and he said "that's common practice".
Having looked at 5 Tcraft in the last three months, I knew that wasn't
common practice.
I'm thinking this is one deal I should walk away from, facing the
seller as I walk backwards.

Just as a sanity check though, have you heard of a seller requiring a
non-refundable deposit prior to an inspection? - Mike

Tell him the A&P doing the inspection has his own insurance and any
dropped plugs,etc can be taken up with the licensed A&P.

In my humble opinion, that is completely absurd!

I would walk away without looking back.

"mhorowit" wrote in message
oups.com...
I was attempting to set up a pre-purchase inspection on a Tcraft at Ft.
Lauderdale.
The owner said he'd need a $500 non-refundable deposit before anyone
did the inspection. "they might nick the prop, or drop a sparkplug
or....". and he said "that's common practice".
Having looked at 5 Tcraft in the last three months, I knew that wasn't
common practice.
I'm thinking this is one deal I should walk away from, facing the
seller as I walk backwards.

Just as a sanity check though, have you heard of a seller requiring a
non-refundable deposit prior to an inspection? - Mike

I would ask him to give you a list of three working GA A&Ps that will
send you a letter with their signature and AP number that they have had
experience with this practice. I would also post the seller's name and
the N number of his airplane.

Don't walk. Run.

If he wants to screw you over this early in the transaction, he'll do
it at some point no matter how many guarentees you have in place.

If he gets 5 or 10 people to pony up the $500, he'll have enough to fix
the problems, and then he won't have to sell it.

Ask him for a $1000 non refundable deposit for your time. After all you
could be passing on the plane of a lifetime while wasting time looking
over his.
It's common practice

"mhorowit" wrote in message
oups.com...
I was attempting to set up a pre-purchase inspection on a Tcraft at Ft.
Lauderdale.
The owner said he'd need a $500 non-refundable deposit before anyone
did the inspection. "they might nick the prop, or drop a sparkplug
or....". and he said "that's common practice".
Having looked at 5 Tcraft in the last three months, I knew that wasn't
common practice.
I'm thinking this is one deal I should walk away from, facing the
seller as I walk backwards.

Just as a sanity check though, have you heard of a seller requiring a
non-refundable deposit prior to an inspection? - Mike



$500 NON-refundable? Bu!!$hit. I might be able to stomach a $500 deposit
that was fully refundable if no damage was done but he basically asking you
to pay $500 to think about buying his airplane.