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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 
How many rooms are there in the U.S. President's primary residence?

A 
There are 132 rooms in the White House.
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JoAnne Staler, REALTOR®, real estate agent and broker for Nashville, Brentwood and Franklin, Tennessee home listings, property and land for sale - NUMBER1EXPERT

JoAnne Staler, Tennessee Broker License # 25360
RE/MAX Choice Properties

750 Old Hickory Blvd, Suite 1-140
Brentwood, TN 37027
Cell/Text: (615) 319-3019
Office Direct: (615) 269-4888
Toll Free: (888) 489-1730
Fax: (866)331-0011
RE/MAX Choice Properties: 615-921-0700
E-mail: JoAnne@JoAnneStaler.com
Website: www.JoAnneStaler.com

JoAnne Staler has been been an active real estate broker in the Middle Tennessee area for over 17 years. She attributes her standing as a top agent to her ability to truly listen to her clients which allows her to target a home marketing plan or home search to the actual needs of the seller or buyer. JoAnne has a reputation for excellent service and a keen understanding of the local market and neighborhoods. As a long-time resident and parent, she is a valuable resource for finding the best neighborhood for your lifestyle and the best public, private or parochial schools for your children. The changing real estate market presents both extraordinary challenges AND opportunities which require the guidance of an experienced and accomplished full-time professional. Call, text or email JoAnne today for a hassle-free market analysis of your property or home search tailored to your needs!

ABR CRS Equal Housing GRI MLS REALTOR


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