For additional search options, go to Advanced Search Advanced Search Advanced Search Advanced Search. The earnest money deposit amount is typically a percentage of the sales price. And, the deposit amount included with the letter of intent or PSA largely depends on the size of the property.

It will partially depend on what is common in the area.

How Much Earnest Money is Enough?

A deposit is not needed to create a contract. However most offers have them included.

The bigger the deposit the stronger you can look. Depending on your state, there might be a limit on the amount you put at risk which is calle Liquidated Damages. In my state Ca. However commercial may not have a limit and in fact usually will become non-refundable at some point. All depends and there are many schools of thought on this.

However, typical earnest money percentage commercial property people advise to put as little up front as possible because that capital is at risk and can be defined as liquidated damages. Further there zenonia 4 how to earn money big differences from state to state on the liability, and utlimate responsibility for the deposit.

Earnest Money for commercial building | Zillow

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$75, earnest money non refundable is this normal? (contingencies, incentive, appraisal) - Real Estate -Brokers, appraisals, development, lease, investing, relocation, apartments, houses, condos, values, mortgages, loans - City-Data Forum

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Edit property subtypes Show property subtypes More location options Edit location options. What is the typical deposit required to make an initial buy offer for an Apartment? When preparing to buy an apartment, the buyer makes a refundable escrow deposit that is part of the initial offer. Is there a typical amount or percentage that applies for the initial deposit?

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