Feb 1, 2011 | BUYER'S ADVICE, MIAMI REAL ESTATE
Escrow Dispute? It can make for a long weekend, when buyer and seller haggle over who is entitled to the escrow deposit … Each thinking they are entitled to it. Shaky ground, when the “co-operating” Broker/Realtor doesn’t grasp...
Jan 31, 2011 | BUYER'S ADVICE, MIAMI REAL ESTATE
The purpose of your earnest money deposit (also known as your “Escrow Amount”) is to show the seller how just how serious you are about buying his/her house… Your Escrow Deposit/ Earnest Money Amount (along with the other terms of your offer) ...
Oct 12, 2010 | MIAMI REAL ESTATE
EARNEST MONEY, OR AN “ESCROW DEPOSIT”, AS IT’S OFTEN CALLED, CAN SEND A MESSAGE TO THE SELLER AS TO JUST HOW SERIOUS A BUYER ARE YOU… OR AREN’T. YOUR FIRST AND SECOND ESCROW DEPOSITS MAKE A STATEMENT. JUST HOW SERIOUSLY DO YOU WANT...
Jan 20, 2010 | BUYER'S ADVICE, MIAMI REAL ESTATE, SELLER'S ADVICE
Can the Seller Keep My Deposit? One of the most common concerns that buyers have revolves around RISK FACTORS with regard to their ESCROW DEPOSIT. Rightfully, buyers want to minimize their risk, and protect themselves. So… ” Can a SELLER keep my...
Nov 18, 2009 | BUYER'S ADVICE, MIAMI REAL ESTATE
CAN THE SELLER KEEP MY ESCROW DEPOSIT? ISN’T THAT EVERY BUYER’S WORST NIGHTMARE? The answer is “YES!” … to both questions! The seller can keep your deposit … if you fail to adhere to the time-frames and the terms of the...