Zillow Advice: Buying Process - What percentage of purchase price is typically required as earnest money ? http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ Zillow Advice | Zillow Real Estate In the DC/Baltimore areas ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ In the DC/Baltimore areas we normally see 1%. Tue, 24 Mar 2015 22:08:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2015-03-24T22:08:00Z We are currently negotiating ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ We are currently negotiating for real estate in south LA county and if you dont put 3% earnest with offer sellers get a little nervous. Of course median mid size properties are $700k Tue, 24 Mar 2015 21:55:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2015-03-24T21:55:00Z In our area of Houston Texas, ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ In our area of Houston Texas, it varies from $500 up to 3% of the purchase price. It depends on what the seller wants to accept for earnest money. We do see quite frequently in this area that $1000 usually is acceptable for many sellers. Mon, 02 Jan 2012 21:04:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2012-01-02T21:04:00Z In Louisville, Ky typical ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ In Louisville, Ky typical earnest money is 1% of sales price. (min of $500) Mon, 02 Jan 2012 20:36:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2012-01-02T20:36:00Z In my area it is about 1% ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ In my area it is about 1% of the offer price.&nbsp;&nbsp;For a cash offer on a bank owned property, they may ask for 10%. Mon, 19 Dec 2011 21:21:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2011-12-19T21:21:00Z The more you offer as a deposit, ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ The more you offer as a deposit, the greater your purchasing power.<br/>Ania Mon, 19 Dec 2011 21:18:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2011-12-19T21:18:00Z There are different practices ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ There are different practices in different areas. The standard is is 3% here in California, but in NYC the standard is 10%. Sun, 18 Dec 2011 18:45:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2011-12-18T18:45:00Z There is no set amount. You ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ There is no set amount. You want the Seller to feel comfortable. So demonstrate that you are serious. Ask you Agent what it will take Sun, 18 Dec 2011 18:02:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2011-12-18T18:02:00Z To the best of my knowledge ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ <p>To the best of my knowledge there is no set amount, I think the norm in our area is 1% of your offer. The more you offer the more favorable the seller may be toward your offer.</p> Fri, 16 Dec 2011 19:46:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2011-12-16T19:46:00Z In our market area in New ... http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ In our market area in New Jersey, many buyers are opting for <a href="http://www.zillow.com/fha-loan/">FHA loans</a>, which requires a minimum of 3.5% (total) as a deposit. Thu, 15 Dec 2011 18:43:00 GMT http://www.zillow.com/advice-thread/What-percentage-of-purchase-price-is-typically-required-as-earnest-money/422617/ 2011-12-15T18:43:00Z