[quote=Edchris177][quote]the failed to disclose it is sinking into the ground, and loads of other issues... [/quote]
That is a MAJOR bummer. In Canada if you pull a stunt like that, the buyer can negate the deal, & sue the seller for "failing to disclose a material fact that would have adversely affected the fair market value." Caveat Emptor still applies, & you can't use it weasel out due to buyers remorse, but most Realtor contracts now have a clause regarding undisclosed deficiencies, generally water ingress, major structural, or in your case sinking out of sight.
[quote]living at his winter-time home near Detroit.[/quote]
I'm not sure anyone who has a "winter home near Detroit" is trustworthy...think about it.
I never take the line about a "buyer in Texas ready to send a check sight unseen" seriously.
I've heard similar stories from many vendors, it may be true, but often is just a means of applying pressure to the buyer, & psychologically removing some bargaining power. I totally ignore it, (unless I know for a fact I'm getting a screaming deal) if someone else does buy it, well, you've still got your money in your pocket & you've only lost an opportunity, another WILL come along. Often the one that does come later is better.
My buddy & I were getting sick of moving the heavy steel frame dock each season, & I considered breaking out the wallet for a major project. Two months later the dock deal of the Century fell out of my buddies cell phone. Within 8 hours of getting back from Tokyo we were loading 8K,(that I got for $1500), worth of almost new aluminum docks onto my Al Cat trailer. Built by Hewitt, in Minnesota I think, with "beach wheels" & a crank on the topside to adjust height. SWEEET! No more hernias at dock time, was I ever glad I passed up on a couple of other "deals".<!-- editby --><em>Edited by Edchris177 on Nov 08, 2013 - 11:38 AM.</em><!-- end editby --> [/quote]
