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Updated over 12 years ago, 05/19/2012

John Bowen's profile image
John Bowen's profile image
John Bowen
  • Real Estate Investor
  • from League City, Texas
  • Member since Feb 3, 2012
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User Stats

54
Posts
9
Votes
John Bowen's profile image
John Bowen's profile image
John Bowen
  • Real Estate Investor
  • from League City, Texas
  • Member since Feb 3, 2012
Connect
John Bowen
  • Real Estate Investor
  • League City, TX
9
Votes |
54
Posts
Commercial Real Estate Investing

Earnest Money on a Commercial Real Estate Deal

John Bowen
  • Real Estate Investor
  • League City, TX
Posted

What is the normal percent of earnest money deposit on a commercial deal? Agreed offer is $900K and the seller sent their own contract asking for 15% intial deposit for the Title company escrow instead of returning the letter of intent.

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