Subject:
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Re: need your advice......
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Newsgroups:
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lugnet.market.shipping
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Date:
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Tue, 12 Sep 2000 21:20:22 GMT
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Viewed:
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986 times
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An escrow transaction is one where a third party holds the money until the
goods are accepted by the purchaser.
In other words, you send the payment to an escrow company (there are a few
online, of course) and when the escrw company has the $$ (and they've cleared
your bank, if a check) they tell the seller to ship you the set.
When you've examined the set and accepted it, the escrow comopany sends the $$
to the seller.
OTOH, if you are NOT satisfied and want to send it back, you tell the seller
and escrow, send back the set, and when the seller has received the set back,
they tell the escrow to refund your money to you.
It's often used for expensive purchases, such as computers, jewelry, art, etc.,
and there's a time limit (negotiated between buyer and seller) on how long you
have to "examine" the item.
Good Luck!!
Paul Sinasohn
In lugnet.market.shipping, Marina Artamonova writes:
> In lugnet.market.shipping, Paul Sinasohn writes:
> > If it is a large amount of $$, consider paying for an escrow transaction.
> >
> > Out of curiosity, what parts did you get??
> >
> > Paul Sinasohn
> > BAYLUG
>
> Hi Paul!
> It was a 375/6075 castle in a nearly mint condition and as it said 'The set is
> complete with instructions, box trays, and all 779 original pieces including
> 14 knights. Stickers are all in place showing only slight play wear and the
> box is in terrific condition with minor shelf wear.' and it IS a large amount
> of money.... i never used an escrow transaction... how it works?
> Thank you,
> Marina
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Message has 1 Reply:
 | | Re: need your advice......
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| (...) etc., (...) well... the question only... does the seller will agree with such an option? The auction's ended... and as long as i didn't question his reliability BEFORE bidding isn't it a bit late to start to do it now? What would be a best (...) (24 years ago, 12-Sep-00, to lugnet.market.shipping)
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Message is in Reply To:
| | Re: need your advice......
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| (...) Hi Paul! It was a 375/6075 castle in a nearly mint condition and as it said 'The set is complete with instructions, box trays, and all 779 original pieces including 14 knights. Stickers are all in place showing only slight play wear and the (...) (24 years ago, 12-Sep-00, to lugnet.market.shipping)
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