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 21:38:42 GMT
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Viewed:
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1204 times
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In lugnet.market.shipping, Paul Sinasohn writes:
> 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
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
solution here? In any case this is my first experience with buying from such a
seller... gotta learn something.... right? :)
Thank you, Paul!!!
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Message is in Reply To:
 | | Re: need your advice......
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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 (...) (24 years ago, 12-Sep-00, to lugnet.market.shipping)
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