Thread: cash deposit
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Old 02-25-2016, 06:29 PM   #23
menzies
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City: Jacksonville
Vessel Name: SONAS
Vessel Model: Grand Alaskan 53
Join Date: May 2014
Posts: 7,235
Quote:
Originally Posted by gflc123 View Post
I told the broker I was surveying the next day and had told him originally I am a cash buyer (meaning i didn't need financing) He would not take deposit till the contract was signed. apparently it takes 2 business weeks for bank checks to clear and 3 weeks for personal checks to clear.
Where does he live - Timbucktu?

By the time you make the offer, survey, negotiate, do the title searched, and prepare the documentation, and collect the boat, he will have plenty of time to clear the check.
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