How soon after contract signature is the transaction funded?
Buyers have two (2) business days following contract signature to remit the full transaction payment to settlement agent, Escrow.com. Failure to fully deposit funds into Escrow.com at the end of two (2) business days results in transaction cancellation and penalties to the buyer.
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Are there any additional transaction fees?
All trades on the Kaffea-X platform are subject to standard third-party fees�such as those from our Escrow provider�which are split evenly between the buyer and seller. These fees typically amount to approximately 2% of the transaction value and are ...
Who covers return costs if a buyer is unsatisfied?
After the contract is confirmed on the Kaffea-x platform and relevant contracts are signed in the event of subsequent settlement exceptions, parties may initiate dispute or arbitration proceedings under the terms of the applicable GCA or ECFA.
What if the buyer doesn't deposit funds in time?
After both parties have signed the contract, the buyer must deposit the required funds to Escrow within two (2) business days. Failure to pay within the time allotted cancels the trade, restores the lot to the listing and results in penalties to the ...
How is currency conversion handled?
Kaffea-X currently handles transactions exclusively in USD (United States Dollar). Currency conversion must be managed by the user�s own bank or payment provider if they operate in a different currency.
Can I request financing or credit terms on Kaffea-X?
No, financing or credit terms are not available on Kaffea-X. All transactions are strictly on a cash basis.