Selling a boat .........Sketchy?

General Boats and Motors
1

Have my action craft listed on craigslist and had an offer from canada. Told him I would have to wait 30 days after recieving his check for it to clear and he says thats fine. Kind of sketchy still to sell it to someone who has never seen it, run it, or asked for anything more than a picture. I know I wouldnt just mail a check to someone for $14k without checking it out, checking servie records ect. Anyone have any thoughts on this? How long will it take the bank to figure out if it could be fraud? All input is appreciated.

“Rules are for people who don’t have the integrity to make the right decision.”

2

If by chance the check is written on a big bank and you can get to it, cash the check. Don’t deposit it into your account. That way they can’t draft it back from you.

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

–Thomas Jefferson

3

There are waenings on craig’s list about that type of fraud, contact them and let them handle it for you; far too shady to get involved with…

“The big one’s still swimming, let’s go.”

4
quote:
Originally posted by Misplaced Priority

If by chance the check is written on a big bank and you can get to it, cash the check. Don’t deposit it into your account. That way they can’t draft it back from you.

Uh, maybe, but they can come after you for the money all the same.

When to cash a check at a bank to “warrant” the check on a couple of levels, both in the presentment and transfer. Basicially, if there’s an unauthorized signature (etc.) on it, whether you know it or not, the bank can come after you and get the cash back. You could, of course, go after the guy who gave you the check, but in a scam situation, he’s likely going to be long gone.

See S.C. Code Ann. 36-3-416, -417, 36-4-207, 208.

(Sorry, I’m taking the bar exam in less than a week and I’ve got all this junk in swimming in my head. And, as you may expect, nothing in this post is to be construed as legal advice, if you have questions, seek an attorney.)

And having sold a car recently using internet advertising I can assure you THIS OFFER IS A SCAM. Either don’t reply to those e-mails, or, if you feel like it, tell the over-eager foreign buyers that the boat is already SOLD.

If it sounds too good to be true, it is.

EDIT: If you want to experiment, list your boat again for $300,000. I bet you get an offer from Mexico or Canada or somewhere, no questions asked.

Baker
Old, beat up 17’ McKee

5

Got the same offer from the Canadian twice… scam

2502 trophy twin 175 mercs
“The Rum Runner”
For sale… $12.5k Get offshore cheap!!!

6

Smelled fishy from the get go. What would you want a flats boat in canada for any way?

“Rules are for people who don’t have the integrity to make the right decision.”

7

tell them american cash only

I’m now at www.teamcharlestonmarine.com

8
quote:
Originally posted by rebel17
quote:
Originally posted by Misplaced Priority

If by chance the check is written on a big bank and you can get to it, cash the check. Don’t deposit it into your account. That way they can’t draft it back from you.

Uh, maybe, but they can come after you for the money all the same.

When to cash a check at a bank to “warrant” the check on a couple of levels, both in the presentment and transfer. Basicially, if there’s an unauthorized signature (etc.) on it, whether you know it or not, the bank can come after you and get the cash back. You could, of course, go after the guy who gave you the check, but in a scam situation, he’s likely going to be long gone.

See S.C. Code Ann. 36-3-416, -417, 36-4-207, 208.

(Sorry, I’m taking the bar exam in less than a week and I’ve got all this junk in swimming in my head. And, as you may expect, nothing in this post is to be construed as legal advice, if you have questions, seek an attorney.)

And having sold a car recently using internet advertising I can assure you THIS OFFER IS A SCAM. Either don’t reply to those e-mails, or, if you feel like it, tell the over-eager foreign buyers that the boat is already SOLD.

If it sounds too good to be true, it is.

EDIT: If you want to experiment, list your boat again for $300,000. I bet you get an offer from Mexico or Canada or somewhere, no questions asked.

Baker
Old, beat up 17’ McKee

Bar exam pro tip:
Memorize requirements for HDC and real defenses and personal defenses for this subject area.

The points made here are good ones. Presenting the check

9

Dont take a personal check…certified funds only!
If the buyer stalls then its certainly a fraud and you have no worries!

10

Have gotten 3 more emails from various names wanting the boat,and they are all in canada. This is nuts.

“Rules are for people who don’t have the integrity to make the right decision.”

11

After thinking about it, I wouldn’t respond at all… I’m convinced that even if you don’t buy into their scams, these scum-of-the-earth-worthless-piles-of-dog-doo-doo scammers at least maintain expansive lists of valid personal e-mail addresses (from people that’ve replied to their inquiries) to sell to the spammers. Next thing you know you’ll have four times as many e-mails for male enhancement & fake watches to sift through.

Baker
Old, beat up 17’ McKee

12

I just sold my boat a month ago to a guy in Nova Scotia. Had numerous other inquiries from Canada. Boats are inexpensive and plentiful here, and many Canadians are coming into the states to purchase. My guy saw my ad, requested pictures, and did call with various questions. He then gave me an offer, I accepted, and he wired $2K into my account. We had the same discussion about the wait to verify funds on a certified check for the balance, so he wired the balance before even leaving Canada. He asked that I have all accessories in the boat and have it covered and ready to trailer. After a 33 hour drive, he showed up 2 days later, we both signed a bill of sale, and he hooked her up and left.

As long as the buyer is willing to wire you the money prior to picking the boat up, the only risk is him showing up to find out he just bought a POS.

There are plenty of scams out there, but there are also plenty of buyers willing to travel long distances for the boat they want.

13

Straight cash homey! You can never go wrong like that.

14

Apparently crossing the border with more than $10K cash involves a great deal of time, paperwork, and logistics. This makes cash difficult for such transactions. Wiring literally takes minutes, and you can withdraw the money immediately if you so desire.