Teddy Towncrier's Web Oasis.

July 4, 2008

Escrow adds peace of mind to the transaction.

Why Use Escrow?

Escrow reduces the potential risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to Buyer and Seller instructions.

Escrow services are usually provided by a licensed and regulated escrow company although others may function as an escrow agent.

When to use: Escrow is well-suited for items purchased on auction sites, automobiles, motorcycles, domain names, jewelry, specialized computer equipment, and other high-ticket items.

Escrowing transactions enables the purchaser to scrutinize the intended purchase but not take possession until all the terms of the agreement are met.

Conversely …. The vendor doesn’t have to worry about the purchaser taking possession of the merchandise until payment is received.

When to use another payment service: If you know and trust the other party involved in the transaction.

Protection for both Buyer and Seller. Buyers receive and inspect the merchandise before the Seller is paid. Sellers receive their money if the Buyer accepts the merchandise.

If you aren’t sure about the other party consider escrow MORE HERE

Teddy Towncrier.  CPP  SuperCharging Your Visions Towncrier-Media.com

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