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Liz Carter's Team, REALTORŪ, real estate agents and broker for Katy, Houston and Sugar Land Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Tips
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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Real Estate Trivia
Q 
What house is thought to be the first one designed by Frank Lloyd Wright?

A 
Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan.
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Liz Carter's Team, REALTORŪ, real estate agents and broker for Katy, Houston and Sugar Land Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Liz Carter's Team
Liz Carter & Team Realty

21949 Katy Freeway
Suite D
Katy, TX 77450
281-391-SOLD (7653)
Toll Free: (800)783-4041
Fax: 281-392-2910
liz@lizcarter.com

Since 1976, Liz Carter and her team have been delivering what buyers and sellers need most - Results! In the Houston & Katy area market, whether you are buying or selling your home, we deliver the highest degree of professionalism and responsiveness with a focus on quick and efficient real estate transactions.

ABR CRS Equal Housing GRI MLS REALTOR


Liz Carter & Team Realty



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