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#303476 - 08/21/09 12:15 PM HELP! - typical binder amounts?
hmbrealtor Offline
Junior Member

Registered: 08/21/09
Posts: 3
Loc: CA
Hello all, I am wading my way through my first commercial transaction and am trying to understand what the typical binder/deposit %'s are on this side of the business.

We are looking to place a binder once the LOI is executed and then upon execution of the PA. Property is ~ $6.5M office building in CA.

What are the typical deposit amounts for these two milestones?

Thanks in advance for your help!

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#303543 - 08/21/09 11:50 PM Re: HELP! - typical binder amounts? [Re: hmbrealtor]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8389
Loc: georgia
Answered this in your other post.

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