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Real Estate Tips
Making An Offer >Good Faith Deposits

After many months of searching, you have found your ideal house. You are a little older and a little wiser now, so you want to give the impression that you are serious without appearing to be too eager. What should you do? In the marketplace, "money talks."

There is no absolute rule about how much "good-faith" deposit you should put down--but it is a tool to make your point with the seller. The typical $1,000 will hold many homes for you, except in larger-home markets where it may be critical for you to show that you are an especially serious and able buyer. You don't want to make a deposit that is too large in case there is a problem getting your money back, but if your offer is substantially below the asking price, a larger deposit--$5,000 or $10,000--might influence the seller. If you make a low deposit with your offer, be sure to provide for an increased deposit when the offer is accepted or upon removal of the contingencies.

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Real Estate Trivia
Q 
What site discovered in 1965 is considered the world's oldest known habitation?

A 
The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago.
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McKissack Realty Group, REALTORŪ, real estate agents and broker for Denton, Lewisville and Flower Mound Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

McKissack Realty Group
Keller Williams Realty

2434 Lillian Miller Parkway
Denton, TX 76205
940-383-MOVE
972-874-LIST
Toll Free: 800-675-MOVE
940-387-5177
bradmckissack@NUMBER1EXPERT.com

The McKissack Realty Group, a division of Keller Williams Realty led by Linda, Jim and Brad McKissack, has been the #1 selling agency in properties SOLD in Denton County and North Texas for more than a decade. The McKissack Realty Group has consistently ranked in the Top 5 internationally out of 22,000 Keller Williams Agents in sales and production. Our motto, "Families Helping Families," has served as the foundation for building a business fueled by satisfied customers, families and friends who continue to give referrals. A full- time team of specialists focuses all their energy and effort to insure 100% customer satisfaction! We not only assist in buying or selling real estate but also provide information on mortgages, real estate tax issues, handyman or contractor referrals and much more. The McKissack Realty Group wants to be your #1 real estate resource for life!

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