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Updated over 7 years ago on . Most recent reply

User Stats

7
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4
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Lydia Ojuka Riley
  • Salt Lake City, UT
4
Votes |
7
Posts

Ernest Money deposit on multi family

Lydia Ojuka Riley
  • Salt Lake City, UT
Posted
What is a good amount of Ernest money for a 850k multi family in slc? I know how to calculate for single family- liquidated damages, typically 1 month mortgage ... but wondering if it’s different because multifamily properties can take longer to close. Thanks

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