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If you don't really know the guy, I would do escrow. Anything in $x,xxx honestly is probably best done through escrow unless you've done business with the person before. Since he's obviously fine with delays (like on checks), he should be fine with escrow delays. You may have to pay the escrow fees since he is offering other payment options, but it's worth it to avoid getting screwed. Escrow.com, Moniker and Sedo are all good options.
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