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Making An Offer >Good Faith Deposits
After many months of searching, you have found your ideal house. You are a little older and a little wiser now, so you want to give the impression that you are serious without appearing to be too eager. What should you do? In the marketplace, "money talks."
There is no absolute rule about how much "good-faith" deposit you should put down--but it is a tool to make your point with the seller. The typical $1,000 will hold many homes for you, except in larger-home markets where it may be critical for you to show that you are an especially serious and able buyer. You don't want to make a deposit that is too large in case there is a problem getting your money back, but if your offer is substantially below the asking price, a larger deposit--$5,000 or $10,000--might influence the seller.
If you make a low deposit with your offer, be sure to provide for an increased deposit when the offer is accepted or upon removal of the contingencies.
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| Q |
What was the first territorial acquisition made by the U.S. Government?
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| A |
The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%. |
 See More Real Estate Trivia > |
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Tami Rapaport's Team
Coldwell Banker Residential Brokerage
130 Dean Drive
Tenafly, NJ. 07670
Direct Line: 201-227-2045
Cell: 201–665-5558
201-567-7788 ext. 127
Fax: 201-567-3220
Email: Tami@TamiRapaport.com
Tami Rapaport, a President's Premier Agent with Coldwell Banker
(top 1% of the highest sales within the company internationally) has been
ranked #5 in 2009 out of 3,800 Coldwell Banker agents throughout the entire
state of New Jersey.... Tami is the only Realtor in Tenafly to achieve Eastern
Bergen Board’s Platinum Level Circle of Excellence Award 8 years in
a row (2002 – 2009) Additionally, Tami Rapaport has been named the Tenafly
office Salesperson of the Year for 2008.........an honor she has
received consistently for the past 9 years.
"Tami's level of
commitment is incomparable. The honors she continues to earn are a reflection
of her dedication. She knows the market, she listens to her clients and she
delivers as they have come to expect her to." Karen Murphy, Coldwell
Banker, Tenafly Manager
“To produce so impressively in a
changing and always competitive market is a testament to your ability in
business and your effectiveness at encouraging trust and enthusiasm among
customers. You are a credit to our profession, a prime resource for your
clients and a valued member of the NRT family. I thank you for your effort and
wish you all the best in future success.” Bruce Ziph, President and
CEO, NRT Inc.
“Thank You for following through on all the
details throughout the closing! We really appreciate your hard work in getting
this deal done!” David Kevorkian, Seller of a Tenafly
home
“Thank you for all your efficient services. I appreciate
you!” Ann Davis, Landlord of rental home in Haworth
Look for
weekly update of homes sold in different towns throughout Bergen County.
Join our mailing list and you we will sent you a free list of sold homes. Go to
www.SoldHomesReport.com    
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NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
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