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Earnest Money Deposit |
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How much "good faith" monies should we offer with our offer to purchase a home? the price is $174,900. thanks |
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You may be told it must be ten percent or some other figure, but there's no hard-and-fast rule. It just needs to be enough to persuade the sellers that you mean business, are able to come up with some cash, and have something to lose if you back out down the line. Your agent and the sellers' agent should have some advice. |
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Edith
Originally published on October 6, 2008 |
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