Quote:
Originally Posted by agjaret@aol.com
My realtor told me good faith was 10%. That was $46,000. I wanted a lawyer to read the contract first.
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Typically, as a buyer, you don't have a real estate agent. The agent works for the seller. You can make an offer with any earnest money amount that you want. In The Villages, $46,000 would be unusually high for a house that is less than $500K.