Scenario:
Buyer (not local) for local car (mine) is offering to purchase the car without seeing it ( i have sent them pictures and descriptions), and pay for it via a credit card deposit to my pay pal account. They will then have someone pick it up.
Question
1. Are there any issues regarding accepting credit card pmt via pay pal (ie can they come back in 30 days and cancel the transaction?). Does pay pal verify that the credit card is valid?
2. Do I just need the usual Bill of Sale and have the person that is picking up the car fill it out or do i need a signed copy from the actual buyer?
If anyone can shed some light here, I would appreciate it.