The Offer When you sign the Offer to Purchase real estate, you will be asked to submit a deposit to show you are earnest about your desire to purchase the property. A common earnest money deposit is $1,000 but may be more depending on the offering price of the property. The offer will contain: Your offering price Additional deposit to be paid when signing a Purchase and Sale Agreement Date for signing the Purchase and Sale Agreement Closing date Any inspection contingencies Mortgage contingency (if any) Any other contingencies which may be appropriate for the particular transaction
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