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All Bend Realtors are NOT alike! We have been selling Bend homes and land for 20 years. We are THE Bend real estate experts. 1-800-GO-4-BEND
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OUT OF TOWN BUYER, BUT WANT TO SEE A HOME? EMAIL THOM at BENDBROKERSREALTY@yahoo.com, AND I WILL TAKE A VIDEO OF THE HOME YOU ARE INTERESTED IN AND UPLOAD IT TO YOU TUBE FOR YOU TO VIEW! Find Out More > View All Offers >
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"Linda & Tom go the extra mile for their clients" "Linda & Tom don't 'drop' you after a sale - they continue to make sure that you're happy and everything is working well with one's new home." Ruth & Ted Schassberger Read Quote > View All Quotes >
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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 |
Where was the first hotel built in the US?
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| A |
The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink. |
See More Real Estate Trivia > |
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