
Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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The Clear Choice Team
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All agents are NOT alike! Find out why we are top real estate experts. Call us: 405-605-5440.
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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.
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| Q |
What are the characteristics of classic Queen Anne architecture?
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Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes. |
See More Real Estate Trivia > |
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Bobby Daniel and The Clear Choice Team Keller Williams Realty 2630 NW Expressway Oklahoma City, OK 73112 Tel: 405-605-5440 Fax: 405-843-2571 Email: bobbydaniel@NUMBER1EXPERT.com
Why are we in real estate? We truly love it. There is nothing that makes us happier than to match a family with their home. We are always looking for new and innovative ways to help our clientele. We are growing everyday with relocating many military families. Bobby Daniels has served in the air force for 4 years and he is passionate about accommodating military families. We really enjoy offering many ways to make their move seamless and enjoyable.   
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