' Bank Owned Bids.com Auctions
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 User Privacy Policy 
 
Our Site Privacy Policy

OUR COMMITMENT TO PRIVACY

Because your privacy is important to BankOwnedBids.com, we have created policies and systems that ensure protection of your information.

You are welcome to browse our site anonymously. The Site does not collect personally identifying information from your computer when you browse this website and request pages from our servers. This means that, unless you specifically and knowingly provide us with personally identifiable information on the registration form, we will not know any of your personal information.

You do, however, need to register to place a bid. We ask for your name, address, phone number and email address. We also require your credit card information to verify that you are a real person, legally of age to sign contracts and purchase property. Nothing will be charged to your credit card unless your bid is approved by the Seller and you fail to close on the purchase. In that case, and that case only, BankOwnedBids.com would charge your credit card a $375 Default Fee.

BankOwnedBids.com will not sell your information to outside parties. Your registration information will be used to verify a valid credit card with an outside merchant services firm. If you are working with an agent, your bidding/transaction information may be shared with them if they have registered you as a client on bankownedbids.com.

We may collect nonpublic personal information about you from the following sources:

  • Information we receive from you, such as on applications or other forms
  • Information about your transactions we secure from our files, or from our affiliates or others.
  • Information we receive from a consumer reporting agency.
  • Information we receive from others involved in your transaction, such as real estate agents, brokers, loan officers, or lenders.
Unless it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonpublic personal information about you will be collected.

Our physical, electronic and managerial procedures block unauthorized access, maintain the data’s accuracy, and safeguard your information. Any information you provide to BankOwnedBids.com is kept on a secure server. Our measures also protect your data from loss, theft, disclosure, or modification. To help us protect your privacy, you should keep your logon ID and password secret. If you are represented by a buyer’s agent, you will, however, need to share your email address with your representative. That is needed to match your bid to your agent and ensure that he/she can collect commission from the Seller at closing.

COOKIES
Our Web site may use "cookies" to process and store information relevant to your use of BankOwnedBids.com. Cookies are identifiers that a Web site can send to your browser to keep on your computer to identify you and make your successive visits to the Website more efficient. Using cookies, we are able to track the Internet address of the domains from which users visit us. We analyze this data for internal purposes only. You can set your browser to notify you when you are sent a cookie. This will let you decide whether or not to accept it.

PROTECTING CHILDREN
BankOwnedBids.com is committed to safeguarding children. For that reason, we require credit card proof that each bidder is legally of age to sign contracts and purchase property. Further, no part of our website is designed to attract any person who is under legal age.

CHOICE/ OPT-OUT
From time to time, we may send users e-mail, e-mail newsletters, or website news updates alerting you to new features, products, promotions, or services pertaining to the website. Users who no longer wish to receive materials from us may opt-out of receiving these communications by choosing a "do not contact" option or by contacting us at info@bankownedbids.com. We will gladly comply with all requests for removal.


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Transmitted: 9/8/2010 9:08:32 AM