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Old 10 January 2018, 09:22 AM   #218
hsfrank
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Real Name: Herbert Frank
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Quote:
Originally Posted by scoot4nat View Post
Not sure the term really matters. Also assumes the buyer is in a position to sell other pieces to recoup losses. Logics doesn't stand up to the test in afraid. As a seller I would expect due diligence.

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Just to clarify the assumption is that the SELLER can recoup losses nut the buyer. Both should do due diligence but since the seller is the “commercial” business end of the transaction he can recoup thru higher prices that he sets. If the buyer try’s to recoup thru buying cheaper he does not control the outcome. Anyway its only hypothetical. The real point is exercise care and prudence.
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