Posts Tagged ‘escrow’

Art Dealer Scams Russian Billionaire: Your Broker Should Never Provide Escrow

April 28, 2015  |   How to Buy & Sell Websites   |     |   Comments Off on Art Dealer Scams Russian Billionaire: Your Broker Should Never Provide Escrow

I just read the interesting Bloomberg article about how art dealer Yves Bouvier allegedly scammed Russian billionaire Dmitry Rybolovlev when Rybolovlev purchased a $118,000,000 Modigliani painting through the dealer. I'll give you a little bit of background on the story: Rybolovlev has purchased over $2 ...

Domain Name Holding in Website Purchases

July 19, 2014  |   How to Buy & Sell Websites   |     |   Comments Off on Domain Name Holding in Website Purchases

In a website sale which involves seller financing, the seller/lender needs some form of collateral as security against the loan. Most website business sales never involve collateral beyond the assets of the business for sale. In website transactions, the most common form ...