Pawn shops have emerged from the dusty, scary old image they mayhave had in old movies. Today’s pawn shops are brightly lit andstaffed with friendly people who like to bargain. Most shops arefilled with items that have been pawned outright for cash. Theseitems are available for sale to anyone who wants a good deal onmerchandise that has been tested and looked over to be sure itworks and is in good condition.In the back room of the pawn shop, there is storage for itemsthat have been pawned on a buy back basis. If a person decides theyjust want to borrow cash and use a valuable item as collateral fortheir loan, it is a buy back transaction. The “buy back” period isusually a month, but can be longer. If that person does not returnfor their item, it is forfeited to the pawn shop and they will