View single post by IW

Posted: Wed Apr 23rd, 2008 03:32 pm

Quote

Full Topic

Joined:	Mon Apr 3rd, 2006
Location:	Huntington, New York USA
Posts:	1400
Status:	Offline

I'll just give you my opinion as a seller. I hate holding cash for items I don't yet have. Best off getting a non-refundable deposit of 10% or such. That way, there is intent and you are not likely to get screwed. As is seen from many small watch houses, they are at the mercy of many others, so one week turns into one month, yadda yadda.

Would you pay a contractor for work done on your house before he's finished? Only material costs. Thus, a deposit seems reasonable here.

Just my 2 cents.

Thanks-
Marc