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Comment on Ask HN: How to purchase a domain from owner?

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If you do come to an agreement eventually, I recommend using escrow.com for the transfer. It protects you both from the other party backing out. They have a service specifically tailored to domain sales.

You pay escrow.com for the domain, not the owner directly.

Escrow.com notifies the domain owner that they have his money, and he can now transfer the domain to you knowing you're not going to run without paying.

Escrow.com will only release your money after they verify the WHOIS data reflects the transfer to your ownership.

If he didn't really transfer the domain, he doesn't get your money, and escrow.com will return your money. If you do have ownership of the domain, escrow.com already has your money and won't give it back without going through a binding, mediated dispute process.

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