How much deposit should I pay with my offer to buy a house?
One of the intentions of a deposit is to demostrate to the seller that you are a serious buyer and have interest in their home
The amount of the good faith deposit is usually indicated on the purchase offer (contract) which is signed by the buyer and presented to the seller.
When the offer is accepted, it is signed by the seller, acceptance of the offer is conveyed to the buyer and a contract is in place.
At this time, the contract document will specify when the good faith deposit has to be deposited with the title company or real estate company
The amount of "GODD-FAITH" deposit varies depending on each particular situation. .
How much of a deposit should you pay when buying a home?
watch some examples. .
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