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Old 01-19-2016, 08:15 PM   #15
Rivet Puller
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2004 28' Safari S/O
Marietta , Georgia
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I did as RWillis advised for paperwork and location with my seller but, rather than cash in hand, did a wire transfer so the possibility of being preemptively relieved of my cash by some unforeseen calamity was mute. It only added $15 to the transaction and can be accomplished in minutes if coordinated before hand. You might suggest the same to your buyer if he is worried about carrying that much.

"Good judgement comes from experience. Experience comes from bad judgment."

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Old 01-19-2016, 10:57 PM   #16
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1974 Argosy 20
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Kooskia , Idaho
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An interesting thing on wire transfer. I suggested it to my banker and she told me that it was only safe if she set up a separate temporary account for the money to be sent to. When the transfer came through, she immediately moved the money to my regular account and closed the temporary one. She said there is a way that the sender can revoke the money from where it was sent for a period of time, so she wanted no way for that to happen to me.

I never would have guessed, but she was very adamant that it was the only way to assure that the money could not be pulled back.

I like my bank, they know stuff like that.

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