When you write an offer on a house you’re expected to make a good faith deposit. That deposit is held in escrow by the title company and can be contingent on things like financing or a home inspection. I usually tell me buyers around $1,000.00 and it’s surprising how many sellers will accept that amount. However from a sellers point of view you have to ask yourself if you wanted to get out of a contract would you walk away from $1,000.00? A lot of people might if they had a good enough reason. But would you walk away from $5,000.00? Probably not. $10,000.00? Pretty much definitely not. A lot of my buyers are also sellers somewhere else. You have to look at things from both points of view depending on which side you are on at the time.
https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg 0 0 Valerie Ostrom https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg Valerie Ostrom2012-06-26 12:30:392016-01-01 12:19:16Escrow Deposits how much is enough