Sentences with phrase «more earnest money»

It may be higher in high - demand markets, where sellers have more leverage and can ask for more earnest money.

We've had sellers who react with such venom to a bad offer that they made things more complicated by changing the terms, such as wanting a bunch more earnest money or demanding a small inspection window.

• Don't risk more earnest money than you can afford to lose.

For example, if a buyer makes a cash offer, the seller may request more earnest money to show a true «buy - in» from the purchaser, says Matthews.

Not exact matches

What's more, many of the campaign expenditures on Trump businesses may have been made before Trump began raising outside money in earnest, an effort which didn't begin until late June.

The script tends to be a little too talky at times, pretending to be a more clever than it actually is, but it still retains a playful quality as people begin backstabbing each other in earnest for a bigger share of the money.

To their surprise not only their loan gets denied but also lose their earnest money deposit... MORE

But when you increase your earnest money deposit, it doesn't actually mean you pay more.

After finding the right home, picking out a design, and signing a purchase agreement, you will usually give the builder some up front earnest money (usually about 1 % of the purchase price, (but could be more or less) to build you your new home.

OK, but earnest money could be as little as $ 1000, maybe more depending on the purchase price.

What's more, if your loan contingency has expired or been removed, you could lose your earnest money deposit along with your new home.

So if you're making purchase offers on more than one home at a time, and you are paying earnest money each time, there's a good chance you could lose the deposit.

Other agents stick to their guns on this subject and claim that it's not wise to make more than one offer, due to the risk of losing your earnest money deposit.

As far as needing money for a deal, if you're targeting private seller deals, you can usually get away with putting down a small deposit, as opposed to listed deals where you need 1k or more as an earnest money deposit.

Processing transactions in Michigan became more streamlined in March when legislators enacted a law (P.A. 42) that lets brokers deposit a buyer's earnest money directly with the designated title company.

All her associates work out of home offices and use the company offices for little more than a drop - off point for earnest money deposits and the occasional client meeting.

It also explains earnest money, financing, inspections, title and closing, post-closing, and much more.

An offer is more than the price: earnest money, due - diligence, and terms are all important too.

An offer is more than the price: earnest money, due - diligence,... [Read more...]

Show a seller how serious you are by offering more cash than normal in earnest money — a deposit made to the seller to show a buyer's good faith in a transaction.

As the contract progresses and the Buyer passes each step or deadline the earnest money becomes more hard until finally at the end of the transaction the pendulum swings in favor of the Seller.

Once more at the top, Broker still has property listed for sale, under contract, earnest money deposit, closing date set, illegal not illegal, am I missing something Anyone.