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.

	See All Tips In The "Making An Offer" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Bill Cullin
Long & Foster Real Estate Inc
37156 Rehoboth Avenue Ext Suite 5
Rehoboth Beach, DE 19971
302-841-7147
Fax: 302-227-8165
bill.cullin@longandfoster.com

I am a full time, full service real estate agent who will help take care of all aspects of your Buying or Selling processes.I have been the top agent in my sales office for three consecutive years. Put my experience and track record to work for you.

www.BeachDelaware.com is brought to you by Bill Cullin
Real estate agent(s) for Lewes, Rehoboth Beach, Bethany Beach and Dewey Beach, Delaware

Read Bill Cullin's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge