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 steveaudio

Not to quibble with any of the above posts, but from my experience with several diff. banks, a Money Order CAN be stopped, while a Cashier's Check CANNOT be stopped unless it is stolen. (This is why, when buying a house, sellers & or escrow firms require a Cashier's Check ; also a lot of auto dealers).

So, Alexone, just pay the $7 or whatever to stop payment on the M.O! There's no downside to that.
Good luck!