Puppy Escrows I was just curious if any of our members have used an escrow when purchasing their puppy from a distance or otherwise? There seem to be a lot of peope getting scammed on both sides of the transaction and I wondered if these helped preent that. As an attorney it seems like a grea tidea to me. I pasted the "5 Step" Process from puppyescrow.com so you can read how it works for yourself: Step 1: Buyer and Seller Agree to TermsBuyer and Seller must initially register with PuppyEscrow.com. This registration process is free. Either the Buyer or the Seller can create the initial transaction with PuppyEscrow.com. Both the Buyer and Seller must come to an agreement with the terms of this transaction. Information will need to be provided about the Buyer and Seller as well as the price the Buyer will pay for the Pet, shipping and insurance costs, party responsible for PuppyEscrow fee, and normal or extended vet inspection time period. After the party creating the initial contract confirms the information the other party will be notified by e-mail to sign in, verify and confirm the contract. After both Buyer and Seller have agreed to the terms of the contract, the buyer will need to submit the payment to PuppyEscrow.com. Step 2: Buyer Pays PuppyEscrow.comBuyer will send their payment of the agreed upon amount to PuppyEscrow.com as well as a small non-refundable escrow fee. When this payment is received both the Buyer and Seller will be notified that the payment has been received. These funds will be held in an escrow account. The Buyer and Seller will receive another notice when the funds have been verified and the Seller will be notified by PuppyEscrow.com to ship the Pet to the Buyer. Step 3: Seller Ships Pet to BuyerThe Seller will ship the Pet to the Buyer using approved shipping methods. The Seller will then sign in to PuppyEscrow.com and provide the shipment details for tracking. The Buyer will be notified by e-mail with this information. Once the confirmed delivery of the Pet has taken place the agreed upon normal or extended inspection time period will begin. Step 4: Buyer Accepts the Pet
Once the Buyer receives the Pet, the Buyer accepts and notifies PuppyEscrow.com of the delivery of the Pet within the normal inspection or extended inspection time period. The Seller is then sent the payment. Step 5: PuppyEscrow.com Pays the SellerWhen the Buyer accepts the Pet, the Seller will be paid. If the Buyer does not reply within the normal or extended inspection time period the Seller will be paid. PuppyEscrow.com will release these funds to the Seller in the chosen payment method. |