Quote:
Originally Posted by mooseman
No one has yet to explain to me the actual loss in this situation. No earnest money was exchanged. They didn't FedEx the guy the signed paperwork, then back out.
So, how did he get screwed? I honestly really am trying to understand what his actual loss is. Someone, please, put it into language I can understand, in small one syllable words, I am from Tennessee.
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It has not been stated yet, but if dooma's intention really was to keep this vehicle, he would have paid the $1,000-5,000 required deposit to keep up his end of the "contract."
What I want to know is how the heck did Michael Barrett not notice there was no reserve set, if this really was an honest mistake. As pointed out earlier he consistently checked the ad everyday and made changes to the Buy It Now price twice in two days. Not only that, but if Barrett's intentions were to sell it with BIN and Reserve, he would have noticed that right below the current bid price it did not say "Reserve Not Met."