What Home Sellers Don't Know Can Cost Them $$$$$

📭To Send Mail:
Kristina Smallhorn
PO BOX 1271
Prairieville LA 70769
#yrew

eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817
225-246-1812,Office [phone] ext# 149
Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License #0912122918
Disclaimer:

[RobMotive]

I couldn’t agree more!! For me, a higher deposit from the buyer signifies they are all-in and really want the house 👍

[puppetpatti]

This is super great advice Kristina. In my opinion, if one is going to buy a home, all ducks need be in a row. Including a HEALTHY deposit check. And additional funds set aside because that if things change and they can’t get the deposit check back quickly to use on another offer. Have the extra waiting to cover another offer if that one doesn’t work out because something is really wrong with the house. Also save the biggest down payment you can. 😉 Thanks for explaining more about the deposit check (earnest money we call it here). I think we put down 3000 earnest money on a 280000 home. We were serious about our decision and wanted the buyers to know. I think the owners appreciated our gusto because even after we made our offer with only one counter offer, they had another couple come in with full asking price. But they chose us to buy their home, which they built and loved. So offering that larger earnest money plus our excitement about the home got us in it. Lol hope all that makes sense. 🤗

[ModernDayTech]

Good stuff. A good way to hold the buyer's feet to the fire.

[jessegalvan]

Thanks for that advice 👍 I’ve subscribed

[gearrunner]

That’s great advice. I hope to sell my house within the next year or so, so this will be helpful.

[Brandon-ypwy]

Interesting topic. I would have never thought these deposits have become less and less.

[dantheman]

HASH TAG =
The Louisiana Purchase 😂😂😂😂💗💗💗💗💗

[TubeTechie]

Great video, very informative. As a realtor do you think that would annoy most realtors?

[p.s.l.]

Real estate, policies and regulations, procedures are different from state to (??)

[eddiesmallhorn]

It seems like the deposit doesn’t protect the sellers anymore. Even with a deposit it seems that the buyer can still get out of the offer without any repercussion.

[icieu]

Can real estate agents apply the loss of deposit after appraisal in all states? I had an agent say that you couldn’t do that in TN.
How does inability to obtain the loan after appraisal affect this process? It seems the buyers can elect to screw up the loan at the last minute and always get their earnest money back even after they have done the appraisal in some cases.