Monday, July 16, 2007

Do You Know What You Are Purchasing In An Online Auction?

Online auctions are an adrenaline rush when you win the bid or even manage to stay in the lead as the deadline closes. Millions of us have bought items on auction sites over the last decade. Online auction sites are popular, and for good reason. There are so many items for sale; if you cannot locate what you want nearby, there is a good chance you can find it online at an auction site and just have it delivered to your door. There really are some nice bargains out there. For the majority, most sales seem to end quite happily for both the buyer and the seller.

I have always felt there are some things that should not be purchased online in an auction site without full information or an inspection where necessary, regardless of who the seller is or claims to be (a real company or just someone selling off their excess items).

I recently saw a picture of property for sale in New Mexico on one of the auction sites. The picture was not the best in that it did not show as much of the surrounding area as I would have liked, but I did get the distinct impression from what I could see, that the property was located close to the bottom of a partially collapsed side of a volcano. (Googling information provided confirmed my thoughts as highly likely.)

If the area should ever become active again, the buyer is going to get burned, at the very least, for monies spent.

Caveat Emptor!

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