It is that time of year again when the some Big Bear lakefronts owners start to consider selling their property. The next 4-5 months are historically the best selling months for the Big Bear market and it is no coincidence that the weather in Big Bear this time of year makes it a beautiful time to be looking for a nice lakefront home. Having a property in time for our very popular annual July 4th fireworks show is the target date for many lakefront buyers to be in their new home. There are approximately 550 … [Read more...]
Let’s Be Earnest When Talking About A Good Faith Deposit
March 7, 2007 by 1 Comment
One of the most overlooked items on the purchase contract is the earnest money or good faith deposit. Sellers and agents are so anxious to see what the offer price is, they miss a key component of the offer. What is a earnest money deposit? There is a good definition & article on the same subject here by Elizabeth Weintraub. My definition would be anything of value, mainly money, put forward by the buyer to show good faith to the seller that they are genuinely interested in buying the property. The deposit, … [Read more...]
