Join Date: Jan 2001
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HELP!! Question about making an offer with sellers broker
There is nothing wrong with 10% down AFTER an initial offer and contingencies are hammered out. Who pays to launch, who pays to haul, do you split the costs, etc.? Hence, a marginal deposit for a couple of days to get the answers and hammer out the contingencies, THEN throw 10%. AND, as one of dem stinkin'' lawya boyz dem, only the lawyers win in security deposit disputes that NEED NOT arise if you hash out details based on a minimal deposit. But, hey, who am I to question the yachting tradition of full 10% deposit up front? And, yes, I think the thread is important as pointed out in a couple of these posts. If twern''t, twouldn''t be so many posts.