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Updated over 9 years ago,

User Stats

71
Posts
5
Votes
Javier Osuna
Pro Member
  • Investor
  • San Diego, CA
5
Votes |
71
Posts

End-buyer earnest money deposit....

Javier Osuna
Pro Member
  • Investor
  • San Diego, CA
Posted

Hey fellow investors!

When negotiating a contract assignment with your end-buyer, what is the criteria used for determining how much of an earnest deposit to ask for, in order to insure the end-buyer has some skin in the game and is not so prone ti back out of the transaction during escrow? Is there a percentage amount based on the purchase price of the property that would be considered 'the norm'?

Thank you in advance...

  • Javier Osuna
  • Loading replies...