Helen Stratford

One of the key issues in the contract of deposit is "How much?" What should be the size of the deposit? Oddly enough, the exact rules but no one has yet figured out exactly how much to take interest on the amount of future transactions. Both parties may be interested in a larger and a smaller deposit. To decide, let's see someone that is interested. Under what conditions the seller or buyer interested in small and large deposit? The seller may be interested in a larger deposit, when the impending deal is especially beneficial for him. For example, when an object goes beyond the highest possible market price. It is worth noting that in the event of cancellation of the transaction by buyer, the seller is the amount paid, and it can reduce its size to the price of its object.

If the deposit was more than 10%, probably because falling in price, the object will sell very quickly. In a small deposit seller interested when there is hope for the preparation of documents necessary for the sale and purchase agreement, to find a buyer poschedree, in other words, if the pending deal does not seem to him arhivygodnoy. In Due to the fact that the deposit will have to return twice the amount, the seller must invest in new cost and expenses for this is not a pleasant effect. Larry Culp describes an additional similar source. So if a deposit of 1-2%, then this would be not difficult. Buyer, in its same turn, gives a great advance in order to avoid a situation where the price someone interrupts. Assume a deposit of 10%. To kill this deposit, the new buyer has to bid more than 110% of original, because 110% – are not interested in the seller, because it loses the 10% top. By practice, the seller agrees to a new deposit, where his profit is 2% of the transaction and more.

Below 2% is not always sufficient to to persuade the seller to change his first customer. In a small deposit the buyer is interested, if not quite sure what the deal is forthcoming. For example, if he doubted his ability to pay tomorrow or when the market is overheated and by all indications is about to come falling market. So the buyer can not be sure that this is the best option for finding the something more profitable it is easier to give up already this deposit, if he was small. Yields the following conclusions: the larger the down payment, the more likely the transaction in the future, the more interested parties. Glenn Dubin, New York City recognizes the significance of this. The smaller size of the deposit, the less likely for future transactions. Optimal talk about the deposit at 10%. You can talk about and a smaller down payment, but if any party proposes to deal with the amount of the deposit agreement less than 5% then it is worth considering, and immediately begin to take action to find a possible replacement of the counterparty. Nothing is binding on deposit against the deal – this deposit is less than 2%. This happens unless formally, when the contract of sale is conducted in for a week and a half from the date of deposit. It goes without saying that a third party transactions – property – there will always be interested in the maximum possible deposit, since it guarantees the deal. It is also a realtor often requires a portion of their compensation after the deposit – one of the reasons are not always justified to insist on a large deposit.

Many people today dream of buying an apartment, and when the opportunity comes, there is a dilemma: to apply to real estate or buy an apartment without a middleman. There are certain nuances of the sale apartments which take into account non-professional is very difficult. The main risk is a dangerous and legal aspect of the contract, as even the smallest negligence in the commission of sale may lead to the fact that the buyer can deprived of ownership of real property. Accurate statistics trades without intermediaries are not kept, but a real estate transaction without the participation of real estate agents happen quite often. Specialists real estate companies call these transactions 'unprotected'. But today, a buyer or a seller of real estate can be a deal independently and safely, if at some stages will use the services and rietorov lawyers. If you decide to do their own searching and buying an apartment, you can find some slozhnostyami.Poisk apartment search – one of the most time-consuming steps in an apartment, it should take you a lot of time and effort. To date, much of the ad for the sale of real estate advertising is in the open sources – newspapers, internet, television. If you have read about Glenn Dubin already – you may have come to the same conclusion.

Have to regularly monitor for sale, analyze and to ring them. In the public domain mainly contains up to 70% of 'waste', that is untested and unreliable information. One person view and work out all the offers of real estate market simply does not enough time, whereas in the real estate company that professionally engaged hundreds of people.