Comments on: Arizona Earnest Deposit http://www.craigsarizona.com/arizona-earnest-deposit/ Just the ramblings of an Arizona Realtor helping his clients Sat, 04 Sep 2010 21:27:20 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ahwatukee Real Estate http://www.craigsarizona.com/arizona-earnest-deposit/comment-page-1/#comment-547 Ahwatukee Real Estate Thu, 28 May 2009 01:25:04 +0000 http://blog.craigsarizona.com/?p=530#comment-547 I had a conversation with a Realtor today who liked to have his clients put much more money forward as an earnest deposit as it told him that they were serious about the property and kept them committed. My approach has always been to put the least amount forward on the buyer's behalf while still being taken seriously on the offer. If the deal should go south at all, the buyer is at less risk here. So, as a rule, I don't ever recommend just throwing a lot of earnest at the seller. Even though there are a lot of potential outs for the buyer, it still is money at risk. Great post here and timely for me given the conversation today. David Lorti I had a conversation with a Realtor today who liked to have his clients put much more money forward as an earnest deposit as it told him that they were serious about the property and kept them committed.

My approach has always been to put the least amount forward on the buyer’s behalf while still being taken seriously on the offer. If the deal should go south at all, the buyer is at less risk here. So, as a rule, I don’t ever recommend just throwing a lot of earnest at the seller. Even though there are a lot of potential outs for the buyer, it still is money at risk.

Great post here and timely for me given the conversation today.

David Lorti

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