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Updated about 4 years ago on . Most recent reply

Tam D.'s profile image
Tam D.'s profile image
Tam D.
  • from Chicago, Illinois
  • Member since Sep 1, 2014
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Tam D.'s profile image
Tam D.'s profile image
Tam D.
  • from Chicago, Illinois
  • Member since Sep 1, 2014
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Tam D.
  • Chicago, IL
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Buying & Selling Real Estate

Earnest Money 10% of purchase price

Tam D.
  • Chicago, IL
Posted

Hey all! Typically I have used 1k for earnest money.  Recently I was asked for 17k from the seller and a friend was asked for, buying another property, 10k.  Properties listed for 150k (17k) and 165k (10k). If anyone knows about changes in the Chicago area for earnest money please let me know.

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