(For the purposes of this message, let's assume that my company is named Squirrel Consulting LLC.)
I received an email today from someone offering to sell me the squirrelconsulting.com domain name today, for $980. Right now I'm using the domain "squirrelnow.com" for my business. When I formed the company, the proper squirrelconsulting.com domain name was already taken, so I couldn't use it.
When I check the squirrelconsulting.com web page, this message appears in the top right:
squirrelconsulting.com expired on 07/26/2010 and is pending renewal or deletion
I haven't really used the squirrelnow domain for much; if I did buy squirrelconsulting.com it would be quite easy to transfer everything over to it. So that's not an issue. There are many other companies named Squirrel Consulting LLC, so I can't go after him for "cybersquatting" or whatever.
My question is: Is there anything I should be aware of when buying the domain? What questions should I ask to make sure this person is legit and not trying to sell me something he has hijacked somehow? Is there anything I should be wary of?