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what happens if you dont pay?

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bwhhisc

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i see some of people won but didnt pay.
what happens to them banned or not?

Give us more specifics and the answer if probably easy. Most auction companies like Snap
have a credit card on file, or you need to set up credit in your account in advance. Also, how
would you know if another person did not pay at Snapnames?
 

limonhost

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if i am in the auction i can see he paid or not.

think that i backordered XXX.com and win by $60.
and i did not pay. what will happen than to me ?

and what happens if there is not a 2. bidder.
 

DomainMagnate

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If there is no other bidder you get the domain right away, without the auction, otherwise there is a 3 day auction.
If you won the auction and didn't pay they give a few days to pay (I think a week or so, don't remember exactly), you can pay by paypal too.
If you don't pay during that time they should auction the domain again and they send a few big guys to beat you up

~MG
 

bwhhisc

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if i am in the auction i can see he paid or not.
think that i backordered XXX.com and win by $60.
and i did not pay. what will happen than to me ?
and what happens if there is not a 2. bidder.

I also bid at Snapnames, but I don't know of anyway to see if the winning bidder has "paid" for his domain.
I would assume that in a case where someone does not pay, then Snap might contact the second
bidder and offer them the domain.

For those that don't pay, I would assume Snap would cancel your account unless there were
some very unusual circumstances. A bid is basically a legal agreement to buy.
 

krossat

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Well i have 2 payments pending in my pending orders going back 6 days already, and i dont think the buyer has paid yet (therefore the pending status).

One is fug.com (@ 17k)
Another is naz.net (2k)

I was the second one to bid 2k (same amount) and therefore lost to the other guy, who hasnt paid yet (been 6 days on that one atleast). I wonder if th guy does not pay, do they automatically charge me and have the domain on my name , or do they hold a second auction????
They dont make it clear anywhere either.
 
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