Sentences with phrase «provide earnest money deposits»
For example, after a home is under contract, you may be asked to provide assurances and disclosures for the seller; to provide earnest money deposits via check or wire; or, to perform any number of tasks to keep the transaction moving forward.
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For example, after a home is under contract, you may be asked to provide assurances and disclosures for the seller; to provide earnest money deposits via check or wire; or, to perform any number of tasks to keep the transaction moving forward.
When you go under contract as a buyer, you provide an earnest money deposit on the property.
Show HUD the Money You must provide an earnest money deposit to the real estate broker when you bid; deposits can be as low as $ 500 for properties selling for less than $ 50,000.
Consumers must provide an earnest money deposit to their real estate broker by the time of electronic bidding; deposits can be as low as $ 500 for properties selling for less than $ 50,000, according to ForeclosuresToGo.com.
And certainly didn't provide an earnest money deposit.
Not exact matches
Most importantly, it allows the buyer to recover the earnest money deposit they provided when they first made the offer.
The sales contract will specifically state when you need to cough up the earnest money deposit, which is cash you provide upfront to show the seller that you're serious about buying the property (the typical amount is 3 % to 5 % of the sales price of the house).
The transaction required the venture to post a $ 10 million earnest money deposit, which is nonrefundable provided certain estoppels and consents are received and certain other customary conditions are satisfied.
An earnest money deposit is used not to make the contract legally binding as much as to show good faith and provide available funds to the seller in the event of default by the buyer.
When someone is purchasing a Florida home or condo, they begin by providing a sum of money that is defined in the purchase agreement as the «earnest money» deposit.