I wrote a review on Auction.com regarding a house I bid on & won, but could not close on for 90 days because it had an IRS tax lien of $80,000 on it. I said I would post again if I received my earnest money back. Auction.com was very prompt. I got all $7886 of my earnest money refunded by check last Friday, 1/23/15.
Tip for consumers: I was not sure I would get my earnest money back and it was substantial enough amount for me to want it back so I could keep looking for houses. Although Auction.com wanted the paperwork signed & back to them in 24 hrs, saying I would continue with the deal and wait to close in 90 days, I held up on the documents for 4 days over the weekend. When I heard from them that the seller said "we were out of contract", I had the info I needed to know they also considered the deal breached and could no