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WHATS THE USUAL % OF PURCHASE PRICE ACCEPTABLE EARNEST MONEY FOR A CONDO PURCHASE IN ZIP 33154?

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WHATS THE USUAL % OF PURCHASE PRICE ACCEPTABLE EARNEST MONEY FOR A CONDO PURCHASE IN ZIP 33154?

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Ann the standard percenttage for a earnest money deposit is 1% of the sales/offer price. In most cases $1000 is offered up front and the balance is paid upon satisfactory home inspection. It does depend on if the seller has any specific amount they want, if it is new construction or bank owned. your bets bet is to simply ask the listing agent what their requirement is. good luck with your purchase.

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