The Forestry Forum

General Forestry => General Board => Topic started by: Brad_bb on April 23, 2010, 11:52:06 AM

Title: Safest way to pay for a machine -escrow?
Post by: Brad_bb on April 23, 2010, 11:52:06 AM
So I'm interested in a machine out of state.  Cost is $6K.  I've had an independent company go evaluate the condition for me.  I'm want to have it hauled by a trucking company.  Is there a safer way to pay the guy, reducing the risk of just sending him a check.  It may be a few weeks before  truck could pick up the machine.  I just want to be as save as I can.
Title: Re: Safest way to pay for a machine -escrow?
Post by: beenthere on April 23, 2010, 12:11:17 PM
Safe from what?
Risk to you? Risk to the seller?

What will the seller take for payment?  Cashiers check, PayPal, Credit Card, personal check?

Are you worried that there will be something wrong when it arrives by truck, and you want to be able to get your $6k back? 

Title: Re: Safest way to pay for a machine -escrow?
Post by: Brad_bb on April 23, 2010, 02:57:33 PM
No, I want to be careful about sending a check for the full amount, him cashing it, having the hauler show up for it, and no one there, no machine, and no longer able to get a hold of the seller- disappears.  If there was some way to pay him maybe some up front, and the balance when it's on the truck...
Title: Re: Safest way to pay for a machine -escrow?
Post by: D Hagens on April 23, 2010, 03:11:43 PM

Have the trucking company hand over the loot when they pick it up.
Title: Re: Safest way to pay for a machine -escrow?
Post by: red oaks lumber on April 23, 2010, 10:11:44 PM
1) have that indepedant company hand the check over when the machine is loaded on the truck.
2)if you pay via cashiers check atleast you have a paper trail for legal actions, for 6 grand i don't think someone is going to bang you. trust your fellow man
Title: Re: Safest way to pay for a machine -escrow?
Post by: Sawyerfortyish on April 24, 2010, 07:34:29 PM
Send him a postal money order. I think 1000.00 is max you can get. If he disappears go back to the post master file a mail fraud charge and the federal marshalls will hunt him down for you. Nobody and I mean nobody likes to deal with the feds. You will get your money back or your machine very quickly.