help guy backs out of a sale after m.o. is iss


been corresponding with a fellow goner about buying and amp.
agreed on a price ,sent m.o. and guy backs out, claiming after he posted it pending sale, a guy locally offered more money cash, claims he will send my m.o. back .
what is my recourse,
thank you in advance.
an honest newbie.
alexone

Showing 1 response by 7671

My bank will not stop payment on money order/cashier checks.Only if lost or stolen and then only after I beleive 90 days can it be reimbursed. As mentioned above... it is like cash and works for the seller... that is why so many want payment that way. I received a damaged power cord and could not stop payment. Luckily, I worked out a deal with the buyer otherwise I would have been stuck with damaged goods.Steve