As with most transactions, this percentage is negotiable.

posted in Uncategorized by admin on June 25th, 2009

As with most transactions, this percentage is negotiable. Good faith deposits are a fundamental part of a realestate transaction. The good faith deposit simply establishes that the buyer is serious and, to some extent, has the financial capacity to follow through on the buy. Depending on the laws in your state, a buyer who can’t close will lose the deposit. Although percentages vary from state to state, a cash deposit equal to three percent of the sales price is [...] Buyers should expect to pay them and sellers should demand them.
Thousand Oaks real estate

*Web Articles come from a variety of sources. We do not warrant the accuracy, completeness, or usefulness of any Article content on this Web site, or represent that Articles are error free. Please check with a professional before following any advice!