Buying boat private sale deposit wont refund

jfm said:
I still find this amazing. Your relative welched on a deal - how dishonourable - and then you question the trustworthiness of the seller. We may live in a dog eat dog world here but at least we keep to our word.
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He didn't welch on a deal!! He genuinely had a buyer for his own boat until the very last day! Not everybody is made of money and it is common practice for people to be selling an old boat in order to help fund a new one! If you reopened this forum just to mock the situation then go ahead! Its pretty sick that you get a laugh out of something that put an old man in a state of poor health!!!!!!
 
Jpotts said:
He didn't welch on a deal!! He genuinely had a buyer for his own boat until the very last day! Not everybody is made of money and it is common practice for people to be selling an old boat in order to help fund a new one! If you reopened this forum just to mock the situation then go ahead! Its pretty sick that you get a laugh out of something that put an old man in a state of poor health!!!!!!
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Oh dear , you have just insulted one of the most respected and knowledgeable men on this forum .
 
Jpotts said:
something that put an old man in a state of poor health!!!!!!
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It's obviously sad to hear that, and I'm pretty sure that nobody here in the asylum would disagree on this, regardless of any views on the transaction as such.
All the very best to him for being able to enjoy the new boat ASAP, and eventually forget the story behind her.
 
jfm said:
I still find this amazing. Your relative welched on a deal - how dishonourable - and then you question the trustworthiness of the seller. We may live in a dog eat dog world here but at least we keep to our word.
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Would you describe someone that broke/delayed a house sale with a chain because the sale of their existing property fell through as welching on a deal?

Seems a tad harsh, imho.

.
 
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Jpotts said:
He didn't welch on a deal!! He genuinely had a buyer for his own boat until the very last day! Not everybody is made of money and it is common practice for people to be selling an old boat in order to help fund a new one! If you reopened this forum just to mock the situation then go ahead! Its pretty sick that you get a laugh out of something that put an old man in a state of poor health!!!!!!
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I hope your father soon gets to forget the hassles of buying his boat. Unfortunately jfm is technically correct, before proceeding with buying another boat he should have sold, ie received the funds for the sale of his previous boat. It’s not the same as a chain when buying a house.

I’m pleased it wasn’t a scam as you at one time suspected. And that your father didn’t lose any money. And that he finally got the boat he wanted. Good luck to him and I trust he has many happy times using her.
 
Jpotts said:
He didn't welch on a deal!! He genuinely had a buyer for his own boat until the very last day! Not everybody is made of money and it is common practice for people to be selling an old boat in order to help fund a new one! If you reopened this forum just to mock the situation then go ahead! Its pretty sick that you get a laugh out of something that put an old man in a state of poor health!!!!!!
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yes he did welch- that is clear from all your posts. Sure he bought it in the end (@pete) but the trouble above was all in the period when he was trying to welch. The idea that failing to sell his old boat is an ok reason to welch is absurd. If he contracted with another to buy a boat then he should have made sure he could pay. OR he could have struck a deal (if seller agreed) where his purchase of new was conditional on sale of old boat, but he didn't.
I didn't come on here to poke fun and I'm not laughing. I'm merely calling this correctly, putting the (obvious) seller's side of the story which you're blind to, and trying (unsuccessfully, but was worth a shot) to get you to wake up and smell coffee.
I'm sorry to hear that your relative is unwell but please take that emotive stuff out of this thread. The debate is about a deal, not someone's health, so please just drop that. A guy who has received a deposit and contract to sell his boat could also be stressed/ill if the buyer threatens to renege on the deal, but in making your pathetic illness point you have conveniently ignored that.
The real point in all this is that if you make a deal then you must stick to your word. I do realise you don't see it that way and I'm happy to agree to differ, but with zero sympathy for your view.
 
FlowerPower said:
Would you describe someone that broke/delayed a house sale with a chain because the sale of their existing property fell through as welching on a deal?

Seems a tad harsh, imho.

.
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Absolutely not.

Correct me if I'm wrong but I think you're referring to the common situation where house sale chains break before exchange of contracts. That is not welching, obviously, because there is no deal till there's a deal ( I accept a lot of Joe public misunderstand that but they should read this forum!) .

In the VERY rare circumstance where someone welches and chooses to fail to complete on a house in uk, and so the next person in the chain faces innocently having to break their deal to buy the next house in the chain, there are standard provisions in uk house sale contracts to deal with it and no one welches apart from the first (bad) guy.

The situation in this thread corresponds to that bad guy (but without anything in contract to protect the innocent).

I'm not being harsh; I'm calling a spade a spade. If you had signed contract to sell your boat, broker holding decent £££ deposit, had plans for the money you expect on handover, and at 11th hour the buyer emails you and says "I'm pulling out- I don't and never did have the money to buy your boat, sorry, and can I have my money back?", and I posted in reply to you "what a welcher - keep the deposit for now flower power", would you still call me harsh?
 
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jfm said:
I'm just calling a spade a spade
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Crystal clear as it is to most of us "old" members, I can see why someone who joined two months ago might fail to appreciate that - and I don't think he was trying to make any "illness point", btw.
Besides, in post #119, in fairness he said that his relative by now learned a lesson which is essentially the same you tried to teach him here! :)
 
jfm said:
yes he did welch- that is clear from all your posts. Sure he bought it in the end (@pete) but the trouble above was all in the period when he was trying to welch. The idea that failing to sell his old boat is an ok reason to welch is absurd. If he contracted with another to buy a boat then he should have made sure he could pay. OR he could have struck a deal (if seller agreed) where his purchase of new was conditional on sale of old boat, but he didn't.
I didn't come on here to poke fun and I'm not laughing. I'm merely calling this correctly, putting the (obvious) seller's side of the story which you're blind to, and trying (unsuccessfully, but was worth a shot) to get you to wake up and smell coffee.
I'm sorry to hear that your relative is unwell but please take that emotive stuff out of this thread. The debate is about a deal, not someone's health, so please just drop that. A guy who has received a deposit and contract to sell his boat could also be stressed/ill if the buyer threatens to renege on the deal, but in making your pathetic illness point you have conveniently ignored that.
The real point in all this is that if you make a deal then you must stick to your word. I do realise you don't see it that way and I'm happy to agree to differ, but with zero sympathy for your view.
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:encouragement:
 
What a shame
I've only just read this thread.
I really was in Sant Carles whilst all this was going on.
But it would have been fun popping down to Shaldon to find a boat for sale there - I'm not even sure where "there" would have been.
But it would have been fun - shame I wan't here.
 
...posted in reply to you "what a welcher - keep the deposit for now flower power", would you still call me harsh?
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Personally I would keep a chunk of the deposit to cover lost costs and a little extra to cover any extra depreciation / annoyance / hassle factor.
Then I would return the rest of the deposit.
 
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