earnest money for buying a new house# Living
e*1
1 楼
Sorry I cannot type in Chinese.
The new house is still under construction. In the seller's offer letter,
they said the earnest money was not refundable (~5000). In our counter
letter, we request that it should be refundable subject to financing and
inspection but the seller did not agree with us. Our buyer agent also told
us for a new house this is normal.
I don't know this is true or not. Now we are trying to ask a lower value for
example 2000 dollars for the earnest money although it is non-refundable.
Is there any better idea? We need to give another counter offer this
afternoon. Thanks!!
The new house is still under construction. In the seller's offer letter,
they said the earnest money was not refundable (~5000). In our counter
letter, we request that it should be refundable subject to financing and
inspection but the seller did not agree with us. Our buyer agent also told
us for a new house this is normal.
I don't know this is true or not. Now we are trying to ask a lower value for
example 2000 dollars for the earnest money although it is non-refundable.
Is there any better idea? We need to give another counter offer this
afternoon. Thanks!!