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By bidding on'not entering into a contract to purchase'

by: albiflora( 94Feedback score is 50 to 99) Top 10000 Reviewer
4 out of 4 people found this guide helpful.
Guide viewed: 94 times Tags: Residential property | property overseas | Overseas | Home | Germany


Watch out for this note ''By bidding, you are not entering into a contract to purchase this property. You are, however, expressing serious interest in the property and in pursuing contract discussions. ''

This system opens bidders to deception and is not to be considered a Normal Bid.

Any seller can collude with another'friendly' Ebayer to up/increase the bid as there is no 'Obligation' on the part of the supposed 'winner' to complete the purchase.

Also it is typed in such small type below the bid details that it can be easily over looked.


Guide ID: 10000000004679472Guide created: 22/11/07 (updated 11/09/08)

 
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