Definition of Up-Front Costs

Orange County Earnest Money

This is what buyers in Orange County need to deposit into an Orange County escrow after an offer has been accepted on a Irvine home. There is no set standard for the minimum amount of earnest money that should be deposit into escrow, but anything less than 1% to 2% might not be sufficient enough for the seller to accept the offer in the first place. The higher the earnest money deposit – the more serious the  Irvine seller and listing agent will consider the offer. For all intents and purposes, Irvine (or any other home in Orange County) up-front costs (or earnest money deposits) are refundable to the seller under 99% of all circumstances even after the contingency period.

 

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