I went to an estate auction thiis past Saturday. I got caught up in the bidding and ended up buying a $4,000,?

Posted by Government Auto Auctions on Wednesday, September 23, 2009 · 5 Comments 

I went to the bank and found out I did not have enougth money in my savings or checking accountt. Iimmediatelyy went back and told the head auctioneer I did not have enough money to cover the bid for the boat. They auctioned the boat again for $2800.00. The estate lawyer says I have to pay the difference.My question is I have a brain injury and dp these things sometimes. Is it the law that I have to pay the difference?

A bid is a binding contract, so congratulations on spending 1200 on a boat that you didn’t need and don’t even have.

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Comments

5 Responses to “I went to an estate auction thiis past Saturday. I got caught up in the bidding and ended up buying a $4,000,?”
  1. wizjp says:
    September 23, 2009 at 12:40 am

    If you are ruled competant enough to have a checking account in your name, probably
    References :

  2. #114 biiiitches says:
    September 23, 2009 at 1:20 am

    yes, when you sign the bid card you are signing a contract. They can, and will sue you and they will win. Being stupid isn’t a brain injury, and i doubt anyone is going to sympathize
    References :

  3. Janet P says:
    September 23, 2009 at 1:29 am

    Yes, you have a contract, you need to fulfill it.

    Your health issues do not effect contractual issues.
    References :

  4. Oracle says:
    September 23, 2009 at 2:14 am

    A bid is a binding contract, so congratulations on spending 1200 on a boat that you didn’t need and don’t even have.
    References :

  5. Reggie says:
    September 23, 2009 at 2:37 am

    Yes, because legally you own the boat and if you don’t pay they can sue you or request default and get a judgment against you.

    It’s almost how they do repos.
    References :

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