Frank K.

I did participated the fake auction as per advertised Auction.com via email and on the net. End of the auction period I was congratulated via email the Auction.com team me to be the highest bidder and met the reserve price too of that property in question.
I did followed their ( Auction.com) instruction and wire transferred the earnest money amount they requested. The next business day I did received a Purchase and Sale Agreement need it to be signed immediately by electronically to make the purchase legal.
The copy of the agreement was contained incorrect and/or unchecked information regarding my choice of closing agency was not listed at all. That was contrary to the verbal reassuring by Auction.com team member answering the phone.
However, the correction had to be made now. Moreover I need it a seller's signed copy of Agreement in timely manner to move forward with the closing.
It must containing the correct information to reflect my choice of closing company and set up an escrow account administering and transfer the so called "Cash Sale" amount.
I was told it takes 7-12 business days to receiving the agreements signed by the Seller.
Almost a months later I had never received the signed agreement bearing the Seller's signature.
Instead an email notification stated that I have had requested the cancellation of the Pending contract agreement and therefore agreement is nulled now.

Currently working with a law firm to filing a temporary junction and file a complaint to extend and form a class auction complaint in Texas to stop Auction.com and its parent company named Ten-X LLC conduct business. It seems no one knows what had happened to $10,825.00 earnest money i had wire transferred following the Auction.com instruction to designated bank account outlined elsewhere in Auction.com documents,