What does SPF mean in CHAT

SPF stands for Sold Pending Funds. It indicates that a buyer has agreed to make the purchase, but the funds have not been secured yet.

Once the funds have been secured, the item is then considered sold. This can vary depending on the payment methods used, but typically it should not take more than a few business days.

Items with an SPF status are still available until the payment for them is officially finalized and accepted. But once another buyer makes a formal offer and secures funds, then that item will no longer be considered available.

It depends on the terms of sale set by the seller; if they allow it, then you may proceed to make an offer on the item. However, keep in mind that if someone else has already made a formal offer and secured funds for it, then your offer will likely be rejected.

No, not necessarily; SPF simply means that a buyer has agreed to make a purchase but have not yet secured funds for it. A transaction is only binding once all parties agree to it and officially complete all necessary paperwork or payments required for its completion.

In this case, the seller may choose to pursue legal action against them, depending on State laws and regulations regarding breach of contract or non-payment of goods/services rendered.

The best way to ensure that your purchase is secure is by using reliable and trustworthy payment methods such as electronic transfer (wire transfer) or direct debit from your bank account so you can track every step of your transaction's progress in real time. You can also ask for proof of identity from your buyer before agreeing to any form of payment so you know who you're dealing with.

Yes; you should receive some form of confirmation email or receipt from both parties (buyer and seller) when all payments are finalized and accepted. This serves as proof of agreement between both involved parties regarding their particular transaction.