I am planning to purchase a domain on a payment plan using the Escrow Domain Name Holding service, however, I would like to know, how likely is it that I would get scammed by doing this? I talked to Escrow about this and they said if the seller changes their mind and decides to back out of the deal in the midst of the contract, they would release the domain back to them and I would lose all payments already made to them. So, I am wondering if it is even worth doing a payment plan given the risks? Or has anyone done this before successfully? Would really appreciate anyone's input on this. Thank you!
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