英文资料级翻译[本站推荐].docx

英文资料级翻译[本站推荐]

第一篇：英文资料级翻译[本站推荐]Buyersalwaysaskhowmuchofanearnestmoneydepositisrequired.Typically,thereisnosetrequirement.InCalifornia,contractsmustcontainconsiderationtobevalid,butthatamountcanbeaslittleasonedollar.Lawsinyourstatemaybedifferent.Bearinmind,however,thattheamountofyourearnestmoneydepositdependsprimarilyonyourmarketplaceandlocalcustom.WhatisanEarnestMoneyDeposit?It'sagoodfaithdepositbutnottobeconfusedwithadownpayment.Whenbuyersexecuteapurchasecontract,thecontractspecifieshowmuchmoneythebuyerisinitiallyputtinguptosecurethecontract,toshow“goodfaith,”andhowmuchmoneyalltogetherwillbedepositedasadownpayment.Thebalanceisgenerallyfinancedasamortgageoracombinationofmortgages.Anearnestmoneydepositsaystotheseller:“Yes,IamseriousenoughaboutbuyingyourhousethatI'mwillingtoputmymoneywheremymouthis.”So,HowMuchisEnough?Becausethereisnosetamount,itvariesfrommarkettomarketandacrossthecountry.WhereIworkinCalifornia,depositsaregenerally1to3percentofthesalesprice.Buyersheredonotoftenputdownmorethan3%sincemostsignaliquidateddamagesclausethatlimitsthesellerto3%ofthepurchasepriceasdamagesintheeventofadefault.Butit'snotunusualforabuyerpurchasinga$300,000hometoputdown$1,000,especiallyifthebuyerisobtaining100%financing.Inthosescenarios,thedepositismostoftenrefundedtothebuyerandsubsequentlyusedasacredittowardclosingcostsbecausethefinancingmakesuptheentirepurchaseprice.Ifit'saseller'smarket,withmanybuyersfightingoverlimitedinventory,itmakeslogicalsenseforthebuyertoputdownamuchlargerearnestmoneydeposittoenticethesellertoaccepttheoffer.Inbuyer'smarkets,alargerearnestmoneydepositmightenticeasellertoacceptamuchlowerpurchaseprice.Soyousee,italldepends.BeCarefultoWhomYouGiveYourEarnestMoneyDepositAreaderfromNewBrunswick,Canada,SylvieSchriver,claimsshelosther$2,500earnestmoneydepositbyhandingitovertoaninpidualwhoprofessedtobearealestatebroker.Shesaysthebrokerstoleabrokerage'slogoandbusinesssuppliestomakeitappearthathewaslegitimate;however,hevanishedwhenSylviecalledtoaskquestionsaboutherm