The earnest money deposit lets the seller know that you are serious about buying the home, and that you can afford it. Your deposit should be held in an escrow account. The deposit should be credited to you at closing.
Bonnie Seide
Articles by Bonnie Seide
Florida Homestead Exemption
Florida Homestead Exemption can save you thousands of dollars. Learn why you should file, download the forms, and find out how to contact the Alachua County Property Appraiser.
First-Time Home Buyers – Know Your Costs
First time home buyers can get educated Many first time home buyers are faced with the fact that they may not be able to afford a newly constructed home, so they look at resales. Although many resale homes are immaculately maintained, some resale homes are not...
Fourteen Easy Steps to Buying a Home
Whether you are buying your first home, or up-sizing or downsizing, if you follow these fourteen easy steps to buying a home, your buying process will be so much more fun and enjoyable. After all don’t you want to enjoy spending that much money?
Broadmoar Market Statistics
Broadmoor is such a nice subdivision and it’s in a great location. It is a relaxed & established neighborhood with sidewalks, pool, and club house.
Homes for Sale Haile Plantation Market Statistics
30 homes have sold in the last 6 months, and 82 more are for sale now. Take a peak at the details of these homes and get a feel for what the real estate market is doing in this area of Gainesville.
First Time Home Buyer Tax Credit Accurate Information
There seems to be a lot of information floating around about the first time home buyers tax credit. Here is a link to the IRS ruling so you can be sure to be getting the correct information.
Wilds Plantation Market Statistics
One builder-owned home is under contract. There were 11 sales for all of 2009.
Mentone Market Update
The market is stabilizing. The average price per square foot of the homes sold in June 2009 was $120 and now it is $123. This area is in demand and that has caused a slight increase in prices for the second half of the year.
Market Statistics for Turnberry Lake
Turnberry Lake just west of Gainesville Florida is one of the luxury subdivisions that have seen the brunt of the slowing real estate market. The last sale closed at $134/sqft.