I sold one of my race bikes, a Yamaha TZ250 to a guy in Georgia. He is FedEx'ing me a cashier's check for the entire amount, $7,250. I will receive it Thursday... I have no idea why he didn't send it overnight. His "assistant", a woman with screaming kids in the background, is currently researching shipping companies for the bike and spares. Her stated preference is for a shipping company that will come to my house and pick the bike up directly from me.
A few things are starting to make me nervous. She's asked me a couple of questions that are frankly, stupid, given what he is buying from me. The 4 day FedEx thing is weird. Why not send it overnight? He's trying to lock up the deal. I would think a little more haste would be in order.
My concern is that the cashier's check might be a dummy, and that it may take a bit of time to clear my bank. In the meantime, the purchaser may want to arrange shipping as soon as possible after I receive the cashier's check. I'm thinking of contacting them and insisting that they do a wire transfer. Possibly that isn't necessary... will a bank know right away if the cashier's check is good or not? Trying to be careful here... a lot of scams out there.
