Quote:
Originally Posted by Pooh Fan
It requires a bit of trust on both sides as the renter has to trust the owner will make and keep the reservation. The owner has to trust that the renter will not cause damage to the room--which the owner can be held responsible for.
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And the owner has to trust that the renter will come through with the last of the cash, too! Good grief, can you imagine how awful it would be if someone paid their down payment to an owner and hten bailed out before they paid the last half?
Actually, in real life, I have never heard of any of these deals going awry.