Someone please help, I’m going crazy. We live in a non judicial state. Auction to sell our house is set for 12-4-09. We are unemployed at the present time and will not be able to keep our house and have accepted that. But since the auction is in December and we really have no place to go until January, is there anything an attorney can do to delay the auction for a month or two. Please I am asking for serious answers only. This is hard enough to loose our home after trying desperately to save our house.
Since you currently have no way of paying the mortgage because of lack of income you are out of luck unless you can show a your lender that you have even the slightest chance of making the loan good.
Declaring bankruptcy would delay the foreclosure a couple of months, but that will cost your at least $2500 in attorney and legal fees. Sorry to say this but your situation is hopeless unless you can provide the lender a reasonable expectation that you will be able to resume payments, even modified payments, in the near future.
Categories: Auction Tags: Attorney Fees, Attorney Legal, Auction Help, Auction House, Declaring Bankruptcy, Expectation, foreclosure, Mortgage, Present Time, Resume, Sell House, State Auction
I listed an item for sale on a non-ebay auction site. There was an error with the listing program I used, causing the item to accidentally be listed with a starting bid of $20 and no reserve, when it should have been listed with a starting bid of around $450 and no reserve. The item is new and cost me $420 to buy it, because I am a dealer of these products. I noticed the error a few hours after the auction was listed, and ended the auction. Then I found out that the terms of the auction site state that when you end an auction early, you are actually selling the item to the highest bidder. So I contacted the buyer and apologized and explained the situation. The buyer is upset and insists that I send them the $420 item for $20 because that is following the rules. I tried to explain that I ended the auction as soon as I found the mistake, and offered to sell the item to them at wholesale cost without me making a profit on it. They declined, and said they feel they deserve the item for $20. What do I do?
You enterd into an agreement with the site provider, NOT the buyer. The site provider wants their percentage on the sales price, hence the wording on the agreement with them. I don’t think the site provider is willing to act as a ‘representative’ for every acution winner. Can you imagine the headaches they would have with transactions gone bad. Tell the buyer ‘sorry’, no sale and just move on.
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