72 votes
Accepted

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

There are several possibilities: The Amazon seller wants a bigger profit than the E-Bay seller. The Amazon seller has higher costs than the E-Bay seller. This can be a more expensive source, or ...
Daniel's user avatar
  • 5,316
48 votes

What happens if you can't pay at an auction?

I grew up working in auction houses in a rural area - family owned on most of them. I was young - so I was not the auctioneer, nor the management staff. But I did see how things work and I did ...
blankip's user avatar
  • 4,675
33 votes

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

Look carefully at shipping charges. When I've seen "prices" that were much lower than comparable products they've often been accompanied by sky-high shipping prices; a $20 item with a shipping cost of ...
Pete Becker's user avatar
  • 5,502
31 votes
Accepted

What happens if you can't pay at an auction?

It depends on the circumstances of the sale, the jurisdiction, and the auctioneer. It also depends somewhat on when or how the buyer backs out. Skip to the very bottom if you just want an answer to ...
dwizum's user avatar
  • 17k
20 votes

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

Generally one of two cases. But I'll briefly mention a third: Go-backs. When you return an item, well for any reason, they don't bother noting the reason, and if the reason is "defective" they do ...
Harper - Reinstate Monica's user avatar
19 votes

If I buy a foreclosure at courthouse auction, am I in any way responsible for debt on the property?

Your best bet is to pay for title insurance. If you do the same search as the title company, you'll probably find (and miss) the same things they would. By letting a title company do the search and ...
NL - Apologize to Monica's user avatar
19 votes

If I buy a foreclosure at courthouse auction, am I in any way responsible for debt on the property?

You're not responsible for the mortgages on the property - those are agreements between the lender and the borrower. The risk you have is that the title search missed something. If the seller (i.e., ...
Joe's user avatar
  • 35.8k
14 votes

What happens if you can't pay at an auction?

As @dwizum points out in their answer it will depend on the circumstance of the sale and the jurisdiction. Aside from the down payment, the auctioneer will typically require evidence that you have ...
Charles E. Grant's user avatar
11 votes

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

A possibility may be that you're dealing with drop shipping. Sometimes this also happens on Amazon. Usually, if an item is sold on Amazon and ships from the US (or your country), this means that ...
Sam Hanley's user avatar
10 votes

Why would a seller at an auction set their reserve price hidden?

I found this puzzling also at first. But after reviewing many past successful and unsuccessful ebay auctions, I came to this conclusion: Keeping the reserve price a secret is all about the psychology ...
Mattman944's user avatar
  • 1,718
9 votes

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

Without providing a specific example, I can only give a generalised answer with some possible reasons: While Ebay does have buy-it-now products, predominantly it is an auction with lower starting ...
garth's user avatar
  • 320
7 votes

Real Estate blind auction - who benefits?

The goal is to persuade potential buyers to make their best offer immediately, since they know that if they try to go cheap someone is likely to outbid them. In a hot market, with an attractive ...
keshlam's user avatar
  • 46.4k
7 votes

Why wouldn't a broker let a retail investor choose the order type when purchasing Treasury bills via auctions?

Brokers do allow that, just not through their self-service. If you want to place a competitive bid - call the bond desk. Retail investors do not buy treasuries in any volume large enough for the ...
littleadv's user avatar
  • 174k
6 votes
Accepted

Buying back foreclosed property at auction

The glaring flaw with the story is that at the foreclosure auction, lenders can and generally do simply bid the outstanding balance amount, specifically to prevent any stunts like this. Then they're ...
nobody's user avatar
  • 1,880
5 votes

Why do house sellers prefer to quickly find a buyer rather than trying maximize the price via a Dutch auction?

The primary reason is that most sellers are also buying another house at the same time, so they tend to have more rigid timelines that make your suggestion impractical. Beyond that, if you go too high ...
Hart CO's user avatar
  • 70.5k
5 votes

Selling house tender vs auction, which gives the best price?

For the sake of putting in an answer, Interestingly, real estate sales paradigms are culturally and regionally driven; you can't, really, deviate from those. For example, in Sydney Australia, it's ...
Fattie's user avatar
  • 13.8k
5 votes

If I buy a foreclosure at courthouse auction, am I in any way responsible for debt on the property?

No, if you purchase it with all taxes and leins dismissed, in Pa, it usually goes up for sale 3 times before they drop all leins and taxes. Before you purchase the house, check eith sheriff and make ...
Mike Bohannon's user avatar
4 votes

If I buy a foreclosure at courthouse auction, am I in any way responsible for debt on the property?

I've done this in AZ. It's important to know which lender is foreclosing, because if it's not the most senior one, then your purchase can later be foreclosed. A foreclosure extinguishes all junior ...
Eric Nelson's user avatar
4 votes
Accepted

What are the pros and cons, if any, of purchasing Treasury securities at a reopened auction (vs. a new, non-reopened auction)?

There are not really any pros or cons - you'll still pay a price equivalent to the market yield of securities with the same time to maturity, otherwise there would be arbitrage opportunities. You will ...
D Stanley's user avatar
  • 135k
4 votes

Why aren't Treasury bill auction reopenings marked as reopenings on the Treasury Auction Schedule?

As linked to by @littleadv, Treasury Bills aren't reopened. From the Federal Registry July 28, 2004, Part IV, Department of the Treasury, Fiscal Service, 31 CFR Part 356 Sale and Issue of Marketable ...
Morrison Chang's user avatar
3 votes
Accepted

Is it legally required to show US-Customers the tax inclusive amount at checkout?

This probably varies on a state by state basis. I know that in Massachusetts the price must be pre-tax with tax added at time of transaction. Taxes may also vary depending on the nature of what is ...
keshlam's user avatar
  • 46.4k
3 votes

Real Estate blind auction - who benefits?

The sellers can definitely lose because an open auction might result in a higher final price. Or it might not. In an open auction the seller will get slightly more than the 2nd highest bidder is ...
Nigel Harper's user avatar
  • 2,912
3 votes

How can I find real estate auctions?

You can call the county tax assessor's office if you're looking for tax foreclosures and auctions of that nature. You need to have cash in hand or proof of funds in order to participate, and you ...
Daniel Anderson's user avatar
2 votes

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

Marketplace sites (including both ebay and Amazon) are full of sellers selling questionable merchandise. Sometimes it is counterfiet. Sometimes it is last years model. Sometimes it is a "grey import" ...
Peter Green's user avatar
  • 2,944
2 votes

How is it possible that some articles on eBay like headphones are cheaper than elsewhere?

One other possibility that I haven't seen mentioned is that most sellers have a 'manufacturer's suggested retail price' (MSRP) associated with each product. Retailers will have deals with the ...
JimmyJames's user avatar
  • 3,850
2 votes

Cost is (maybe) part of basis for two assets

For accounting purposes, consider the costs of acquisition as part of the cost of the asset as opposed to expensing. This will be important to consider if you need to amortise the asset for reporting ...
Phillip Siebold's user avatar
2 votes

Real Estate blind auction - who benefits?

I have flipped houses for years and have gone through every auction process imaginable plus worked for an auction house. Blind auctions are used when there is a very finite group of buyers. Or in ...
blankip's user avatar
  • 4,675
2 votes

Where can I find the indicative yield of soon-to-be-issued Treasury bonds on Charles Schwab?

You can find the indicative yield of soon-to-be-issued Treasury bonds on Charles Schwab's website under the "Bonds & Fixed Income" section. Here's how: Go to the Charles Schwab website (...
David Nortan's user avatar
2 votes

Why aren't Treasury bill auction reopenings marked as reopenings on the Treasury Auction Schedule?

Treasury bills have no reopenings. See here: Note: Bills have no reopenings. Instead, when needed, we auction short-term Cash Management Bills. (See the page about Bills). Edit: your brokerage doesn'...
littleadv's user avatar
  • 174k

Only top scored, non community-wiki answers of a minimum length are eligible