Project 1999
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Project 1999 (/forums/index.php)
-   Blue Trading Hub (/forums/forumdisplay.php?f=27)
-   -   WTB Buying Fungi tunic 70k (paying 35k now, and 35k later on as money comes in) (/forums/showthread.php?t=164093)

Ella`Ella 09-05-2014 01:18 PM
Quote:
Originally Posted by picaro11 (Post 1605228)
You know you are leaving money on the table on this deal right? In the event that the recovered asset price well exceeds the loan outstanding.

You collect a fee AND can get a percentage (or all) of excess proceeds. All seller gives a shit about is being made whole. Or you can cut him in on the deal "in the event of..." or whatever.
Was trying to cover myself in the event the lawyers showed up. I know in the case of storage and bailment, an asset cannot be sold for more than the total remaining balance. Although, selling for the full market value in addition to retaining the amount of principal and interest paid to date in event of default is ideal.

loramin 09-05-2014 02:15 PM
Quote:
Originally Posted by Zoesha (Post 1604890)
lol this thread is hilarious

sheepshop 09-05-2014 03:03 PM
What a joke.. First of all i paid you 65k Atalya and you hadnt been on for weeks prior to when i took a break. Not my fault you stopped logging on then randomly make a QQ thread when u come back to the game. Maybe when i get around to updating my spell files ill log on and give you the plat. P.S. Thanks for the slander qt.

sheepshop 09-05-2014 03:06 PM
And on another note. I stream other games quite frequently so why not just ask me in stream chat if you have me followed if you're that worried about it instead of attacking my character on a forum thread... zzzz

ripwind 09-05-2014 03:43 PM
5 pages in and nobody is citing the EC FAQ. This is the best!

ripwind 09-05-2014 03:44 PM
Oh, sheepshop, what guild are you in? May as well clear that up right away, too.

Dany 09-06-2014 06:18 AM
Roflmfao...

schnickusaurus 09-06-2014 07:32 AM
Fysts its a deal for me if you accept 40k cash and 5k for 7 weeks. 1k penalty. Thats 75k total . I will most likely cover the 75k earlier Than 7weeks (have 10k unsold gear now is why). I wish to pay on wednesdays and it counts from when we do the deal (done on a wednesday)

Sounds good 2 you?

Taminy 09-06-2014 12:47 PM
I'll sell you a fungi for 60k. 40k down payment and I will hold it for you. When you pay off the rest of the 60k you get your fungi.

schnickusaurus 09-06-2014 02:23 PM
Taminy joking right? =P i see ppl offering 65k full cash right now so u kinda could do better by just logging on and going to EC.. but if you arent joking it is a good deal tbh =P


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