answersLogoWhite

0

The typical amount of earnest money required when making an offer on a house is around 1-3 of the purchase price.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

What is the typical amount of earnest money required when making an offer on a home purchase?

The typical amount of earnest money required when making an offer on a home purchase is around 1-3 of the home's purchase price. This money shows the seller that the buyer is serious about the offer.


Do you have to put earnest money down when making an offer on a property?

Yes, earnest money is typically required when making an offer on a property. It shows the seller that the buyer is serious about purchasing the property.


Do you have to give earnest money when making an offer on a property?

Yes, earnest money is typically required when making an offer on a property. It shows the seller that you are serious about purchasing the property and is usually held in escrow until the sale is finalized.


What is considered a good earnest money deposit when making an offer on a property?

A good earnest money deposit when making an offer on a property is typically around 1-3 of the purchase price. This deposit shows the seller that you are serious about buying the property.


If the mechanical advantage of a machine gun is 2 it means?

It means that twice the amount of required to fire the bullet to its target than the acutal amount of energy required to pull the trigger, thus making the machine gun efficient.


How does friction affect the amount of torque required to move an object?

Friction increases the amount of torque required to move an object. This is because friction creates resistance between the object and the surface it is moving on, making it harder to overcome and requiring more torque to initiate and maintain movement.


When do you typically put down earnest money when purchasing a property?

Earnest money is typically put down when making an offer on a property to show the seller that you are serious about purchasing it. It is usually a small percentage of the purchase price and is held in escrow until the sale is finalized.


How does a pulley decrease work?

A pulley decreases the amount of work needed to lift an object by distributing the force required over multiple ropes and pulleys. This reduces the amount of force needed by the person pulling the rope, making it easier to lift the object.


Is ten times the amount of bleach required for making a sanitizing solution this is considered?

Using ten times the amount of bleach required for making a sanitizing solution is considered excessive and potentially dangerous. It can lead to harmful fumes, skin irritation, and may damage surfaces. Proper dilution according to guidelines is essential for effective sanitation and safety. Always follow manufacturer instructions for the correct concentration.


Rachel used 10 times the amount of bleach required for making a sanitizing solution. This is considered a?

Rachel's use of 10 times the amount of bleach required for making a sanitizing solution is considered a misuse of the product. Such excessive concentration can lead to harmful effects, including skin irritation, respiratory issues, and potential damage to surfaces. It's crucial to follow recommended guidelines for safety and effectiveness when using chemical solutions.


What are the typical ingredients in making parsnip soup?

The typical ingredients in making parsnip soup are parsnips, onions, garlic, unsalted butter, carrots, celery, gingerroot and the herbs thyme and nutmeg.


What mineral ions are required for making haemoglobin?

Iron is the mineral ion required for making hemoglobin. It is a crucial component of the heme group in hemoglobin molecules, which enables oxygen binding and transport in red blood cells. Without sufficient iron, the body cannot produce an adequate amount of hemoglobin for oxygen transport.