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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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The Hardas Team
Coldwell Banker Brown Realtors
2621 Plaza Drive
Highland, IL 62249
Phil Hardas: 618-789-5863
Jason Hardas: 618-670-8009
Lori Novosel: 618-301-0103
Fax : 618-654-4360
Email: CustomerCare@TheHardasTeam.com

The Hardas Team is a uniquely developed team set-up to give incredible customer service. The Hardas Team is focused not only in being your Realtor but being your one stop place for all your real estate needs. We strive for lifelong customers each and every time.