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All agents are NOT alike! Find out why I am a top real estate expert. Call Jeana Cowie today Cell# 201-982-2200, Off# 201-599-1100 ext. 348.
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"Jeana did a wonderful job"
"Jeana always acted in a professional manner, gave wonderful advice and worked diligently to get our house sold."
Ellen O’Donnell, re: a home sale in Oradell, NJ
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Paramus, Oradell and Ridgewood Information:
About Paramus, Oradell and Ridgewood - Moving to Paramus, Oradell and Ridgewood, New Jersey? Get info here... School Reports - Reports for Paramus, Oradell and Ridgewood schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Paramus, Oradell and Ridgewood, in Bergen County NJ. Go to Main Sitemap - Main sitemap sections include Find Paramus, Oradell and Ridgewood Homes, For Home Buyers, For Home Sellers, Paramus, Oradell and Ridgewood Information, Real Estate Resources, and About Jeana Cowie.
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Making An Offer >Good Faith Deposits
After many months of searching, you have found your ideal house. You are a little older and a little wiser now, so you want to give the impression that you are serious without appearing to be too eager. What should you do? In the marketplace, "money talks."
There is no absolute rule about how much "good-faith" deposit you should put down--but it is a tool to make your point with the seller. The typical $1,000 will hold many homes for you, except in larger-home markets where it may be critical for you to show that you are an especially serious and able buyer. You don't want to make a deposit that is too large in case there is a problem getting your money back, but if your offer is substantially below the asking price, a larger deposit--$5,000 or $10,000--might influence the seller.
If you make a low deposit with your offer, be sure to provide for an increased deposit when the offer is accepted or upon removal of the contingencies.
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| Q |
What is the role of the U.S. Housing Authority?
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| A |
Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states. |
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