What is the name of your state (only U.S. law)? Arizona
We bid on and had our bid accepted for a storage garage in Arizona on a popular online auction site. The seller contacted his realtor to draw up the paperwork after the auction ended with us as the "winners". Soon after the seller called saying he had made a mistake and he can't sell the garage for the price that we had won it at. He wanted more money. According to ebay it is a legally binding contract but we would need to go before a Judge and see what they say.
Any history on these types of transactions. Naturally I want to complete the transaction but the seller is backing off the agreement. Any precedents?
We bid on and had our bid accepted for a storage garage in Arizona on a popular online auction site. The seller contacted his realtor to draw up the paperwork after the auction ended with us as the "winners". Soon after the seller called saying he had made a mistake and he can't sell the garage for the price that we had won it at. He wanted more money. According to ebay it is a legally binding contract but we would need to go before a Judge and see what they say.
Any history on these types of transactions. Naturally I want to complete the transaction but the seller is backing off the agreement. Any precedents?