Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

299
Posts
48
Votes
Raj G.
  • Investor
  • Jersey City, NJ
48
Votes |
299
Posts

How much money should I put in as Earnest money in Escrow account

Raj G.
  • Investor
  • Jersey City, NJ
Posted

Hi, suppose I buy a home for $500K, with 20% down payment then how much money I should put in Escrow.          

 In my case, in my offer, listing agent put $5k at the time of my offer, then $45k after attorney review and then remaining 10% during closing, so I put 10% before home inspection.

Just wondering if that standard practice.

Loading replies...