Talk of The Villages Florida - View Single Post - Purchaser deposit on an Existing home
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Old 03-15-2022, 07:36 AM
Carol Fiore Carol Fiore is offline
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Default Buying home with cash

Quote:
Originally Posted by Patents111 View Post
My plan is to purchase an existing home in TV. I will offer all cash with few or no contingencies. In Northwest Virginia, such an offer is typically accompanied by a good faith deposit of about $1,000. I assume it would be higher in TV and that the agent or realtor would like it to be as high as possible- the number and type of contingencies might have an effect also.
For any who have bought an existing home in TV, what amount of deposit was requested, offered by you, negotiated or finally accepted. Many thanks.
You could post on next door the house model and location you are interested in and buy directly from the homeowner. I used Tri County to do my closing. For a fee they will write your contract. I lowered my price 5% when I sold directly. It was an easy cash closing. We closed in 15 days.