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How does the escrow account work to sell my diamond? The seller and buyer (www.thediamondtrade.com) agree on the terms of the diamond sale. An agreement is entered into on escrow.com. Once both parties agree via email the buyer transfers (wires) money to escrow.com account. The seller then sends the buyer the diamond. Upon approval, the buyer instructs escrow.com that the diamond has been accepted and then the money is sent or transferred to the seller. If the diamond must be returned to the seller, for any reason, there is no cost incurred on the part of the seller. We pay the transaction fee. How should I interpret my jewelry appraisal or my diamond appraisal? Sellers should be aware that most appraisals are solely for insurance purposes and often state values well above retail. Appraisals are often used as a sales tool rather than an accurate basis for resale.
CALL: 800.876.0032 or 559.799.6841, 10am to 7pm California Time ASK FOR MARTIN MALKASIAN, ESQ. |
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