Victor asked 3 years ago

is the $500 refundable or wat is it used for if I don’t win or do win the bid….?

Oresy Support Staff replied 3 years ago

Hi Victor, please see the answer to your question bellow. If you have anymore questions please call me at: (510) 931-9137

“Notice to Winning Bidder:
Important – If you are the winning bidder at the end of the auction and back out without submitting a contract, you will have been considered breaching our terms of use of our bidding submission system and you may be liable for a $500 withdrawal penalty fee charged to the credit card you provided for identity verification. If you did not provide us with a credit card, we may invoice you for that amount.”