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Making An Offer >Good Faith Deposits
After many months of searching, you have found your ideal house. You are a little older and a little wiser now, so you want to give the impression that you are serious without appearing to be too eager. What should you do? In the marketplace, "money talks."
There is no absolute rule about how much "good-faith" deposit you should put down--but it is a tool to make your point with the seller. The typical $1,000 will hold many homes for you, except in larger-home markets where it may be critical for you to show that you are an especially serious and able buyer. You don't want to make a deposit that is too large in case there is a problem getting your money back, but if your offer is substantially below the asking price, a larger deposit--$5,000 or $10,000--might influence the seller.
If you make a low deposit with your offer, be sure to provide for an increased deposit when the offer is accepted or upon removal of the contingencies.
Where is the world's largest stained glass window?
A
The American Airlines terminal at the Kennedy International Airport in New York City has a stained-glass window that is 300 feet long and 23 feet high.
THE DANIELS TEAM RE/MAX Advantage Realty, Inc. 5590 N. Academy Blvd. Colorado Springs CO, 80918 Brian's Office : 719-268-8095 Brian's Cell: 719-330-2535 Alan's Office : 719-268-8096 Alan's Cell: 719-321-0929 Fax: 719-548-5040 Email: Homes@DanielsTeam.com
The Daniels Team welcomes you to Colorado’s marketplace. Brian and Alan are a top producing real estate team based in Colorado Springs. Whether you need to buy, sell, or just want hassle free information at your fingertips, then our team is here to provide you with top notch professional real estate services with HONESTY, INTEGRITY, and RESULTS. As real estate professionals our personal commitment extends well beyond the close of the business transaction, with first class service and support. As an added bonus we provide a free moving truck to our clients for all local moves.
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