Tag: deposit

How much down payment / deposit do I need for a house?

   In real estate, a down payment and deposit are two separate things.   Deposit vs Down Payment A deposit is an amount a Buyer pays when their offer to purchase a property is accepted by the Seller (or sometimes when the offer is submitted). The deposit is held in a trust account (usually the listing brokerage‚Äôs trust account) until…

Real Estate Representitive in Midland, Penetang, Tay and Tiny