Tag: Good Faith Deposit

Posted on 08/01/2021
Good Faith Deposits
Photo by Clker-Free-Vector-Images via Pixabay When you purchase real estate, you must put down a good faith deposit. Several factors determine how much you will need to put down, but it could be as little as $100. In order to have a valid contract, the contract must have “consideration,” or something of value exchanged for the contract. The...
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