Posted by RedMF40 on February 21, 2021 at 07:36:26 from (172.58.187.134):
In Reply to: Selling a Tractor..... posted by Lfdfireman on February 20, 2021 at 19:19:31:
I went through this awhile back with an old Ford pickup. 1984 F100 with short bed, 5.0L and factory air that didn't work. Nice, straight truck.
Buyer was very excited on the phone, really wanted to see and drive the truck. Came and left a $100 deposit. Described how he wanted to chop and lower the truck and do this and that. Fine, if you want to ruin it that's your business.
I was leaving on a trip, wouldn't return for 2 weeks. When I got back I got in touch, told him who I was and why I was calling. It was clear he didn't remember buying a truck.
"Oh! The truck! Yeah, right. The truck. Ummmm....let's see now. Yeah, gotta get the truck..."
I got in touch a few more times over the next three weeks, finally gave him week's notice if he didn't come with payment to get the truck I was selling it to the next guy. Never heard from him again. Quickly sold it to someone in PA who liked original old Fords, didn't plan to chop it up.
For what it's worth, I think the $500 is yours. What is an earnest money deposit for if in the end you simply return it because someone changed their mind? Much better not to take any deposit at all. And, lastly, are there no Farmall Super Ms in Texas? Must be one heck of a tractor!
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