Sentences with phrase «placed earnest money deposit»

Not exact matches

There are many real estate wholesalers that are nervous about not putting anything down and ultimately put hundreds, if not thousands of dollar in place as the earnest money deposit.

or is an earnest money deposit enough for them at that time, until you go to closing (at which time you will have an end buyer in place and using a transactional loan, you can double close on the deal) Thank you Tim R

The seller signed a sales contract with a couple, and the broker placed the buyers» $ 2,000 earnest money deposit into an escrow account.

After your offer has been accepted and you have completed the Purchase Agreement, your real estate agent will place an initial deposit (usually your earnest money, or about 1 % to 2 % of the purchase price) in this escrow account.