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Tips on entering a contract with earnest money

by Ro
(Wabasha, WI USA )

I am interested in purchasing a houseboat this fall, however the boat has been winterized and I will not be able to get a sea-trial before next spring, for several reasons.

We have discussed the possibility of entering into a contract with earnest money, contingent upon the sea-trail. Does anyone have any tips on verbiage, or what to put and what to omit? This is a private seller. Cost of the houseboat will be around 28,000. Thanks for your input!

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