I have been looking for a 30' sailboat for the past year and a half. Traveled hours to see "excellent" boats that turn out to have black mold, wet decks, bad engines, and rotting bulkheads. Except for yesterday when I checked out a really nice Catalina that the owner had put lots of time and care into. I put down 10% deposit and will purchase pending survey. I get home and email half a dozen surveyors and get one who can see the boat early next week. Today the owner calls saying she's talked with another buyer who's basically offering cash now sight unseen and since I hadn’t put down “earnest money” She’s going with the other offer. (Isn’t a deposit “earnest money”?) I told her to tear up the deposit check, well she’s already deposited it and would have to send me a check. What the fuck. I get that it’s a sellers’ market, I get that she wants to sell fast but her telling me she loves the sailing community because it’s a ”real community that helps each other out” and that she wants to sell to someone like me “who will learn on the boat” is sounding a bit like bullshit. In the end it’s about the cash. As I told my wife before driving up to the boat, this is the last boat I’m looking at. And it was.