<p>Is my Deposit part of my Down Payment?</p><p>Some confusion about what's a Deposit and what's a Down Payment on a House that I Buy. Every Offer in Ontario that is accepted must have a deposit cheque for the agreed amount delivered to the Listing Real Estate Brokerage within a specified time frame. Usually with 24 hours of when the offer was accepted.</p><p>Like I said in the Video, Deposits are between $20,000 and $75,000 on average from Buyers on Accepted Offers. Draft, Wire Transfer are good to use. Some will accept personal cheques.</p><p>The Down Payment is a decision that you make with yourself and the bank as to what strategy will work best for you. Let's decide you put $50,000 as your Deposit on the House you just bought for $500,000. You talk to the and decide you want to 20% as your down payment on the house. Therefore 20% of $500,000 is $100,000. You have already given $50,000 in your deposit, so to get to your Down Payment of $100,000, you will need to come up with $50,000.</p><p>Ultimately, the Deposit becomes part of the Down Payment.</p><p>The Deposit is due when the Offer is Accepted and the Down Payment is due near Closing Day.</p><p>Any Tips on the Market and What to do to your Home and the Latest Trends in Decor and Staging, Give me a Call or Text (905) 971-5981 or email at teampaletta@gmail.com</p><p>Click the Button to Subscribe to my YouTube Channel For More Helpful Hints in Real Estate.</p>

Update from the Car : Deposits vs Down Payments. Do I need a Deposit with my Offer?

Larry has extensive experience in the Residential & Commercial markets, selling both single family dwellings and multi-residential units across the Golden Horseshoe. As an active listing agent in the marketplace, his experience and ability has constantly afforded him a keen sense of market trends and competitive pricing plans within the urban boundaries of the Greater Hamilton & Burlington Area and into Niagara.

At the onset of his career in real estate, he worked in the new housing arena, which afforded the opportunities to assess the cost of construction and resale value in future markets. This, coupled with a family history in the construction business, has given him the edge in completing accurate and reflective comparative market evaluations that assists seller’s in obtaining optimal value for their real estate dispositions in a time encompassing manner. 

Larry graduate of the University of Western Ontario and holds a degree in Economics, He's a Sports Enthusiast and loves to inject a bit of humour whenever possible.

Currently he is registered Realtor with RE/MAX Escarpment Realty Inc., Brokerage in Hamilton, Ontario. A member in good standing with RAHB (Realtor’s Association of Hamilton Burlington) & a RE/MAX Hall of Fame and Platinum Award recipient. He holds the C-CREC (Certified Real Estate consultant), ASP (Staging Professional) & ASA (Seniors Agent) Designations. 

Using all modern Technology in his Listings including Social Media, Matterport, Virtual Tours, Great Photography, Drone Photography, High End Sign Posts as well as signage inside and outside the property. The Key to Larry's success has been his Quick Response Time.

He is a Full-Time Realtor in The Greater Hamilton-Burlington Area. Working with Buyers & Sellers in Residential & Commercial. Re-Sale, Condos, New Homes, Assignments, Power of Sales, Distressed Properties, Farms etc.

Subscribe to his YouTube Page for all of his Videos and Follow him on all Social Media @LarryPaletta and @TeamPaletta  and Google Larry Paletta RE/MAX.

Contact Info:
(905) 971-5981 and larrypaletta@rmxemail.com
























































































































































































































































































































































































































































































































































































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            <div class="s3testimonialBody"><span style="background-color: transparent;">Larry has extensive experience in the Residential &amp; Commercial markets, selling both single family dwellings and multi-residential units across the Golden Horseshoe. As an active listing agent in the marketplace, his experience and ability has constantly afforded him a keen sense of market trends and competitive pricing plans within the urban boundaries of the Greater Hamilton Area.</span></div><p><span style="background-color: transparent;"><br></span></p><p><span style="background-color: transparent;">At the onset of his career in real estate, he worked in the new housing arena, which afforded the opportunities to assess the cost of construction and resale value in future markets. This, coupled with a family history in the construction business, has given him the edge in completing accurate and reflective comparative market evaluations that assists seller’s in obtaining optimal value for their real estate dispositions in a time encompassing manner.&nbsp;</span><br></p><div class="s3testimonialBody">
            <br>Larry graduate of the University of Western Ontario and holds a degree in Economics, He's a S<span style="background-color: transparent;">ports Enthusiast and loves to inject a bit of humour whenever possible.</span></div>
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<span>&nbsp;</span><br>Currently he is registered Realtor with RE/MAX Escarpment Realty Inc., Brokerage in Hamilton, Ontario. A member in good standing with RAHB (Realtor’s Association of Hamilton Burlington) &amp; a&nbsp; RE/MAX Hall of Fame and Platinum Award recipient. He holds the C-CREC (Certified Real Estate consultant), ASP (Staging Professional) &amp; ASA (Seniors Agent) Designations.&nbsp;</div><p><br></p><p>Using all modern Technology in his Listings including Social Media, Matterport, Virtual Tours, Great Photography, Drone Photography, High End Sign Posts as well as signage inside and outside the property. The Key to Larry's success has been his Quick Response Time.</p><p>Realtor in The Greater Hamilton-Burlington Area. Working with Buyers &amp; Sellers in Residential &amp; Commercial. Re-Sale, Condos, New Homes, Assignments, Power of Sales, Distressed Properties, Farms</p><p>Subscribe to his YouTube Page for all of his Videos and Follow him on all Social Media @LarryPaletta and @TeamPaletta&nbsp;</p><p><a href="tel:(905) 971-5981">(905) 971-5981</a> and larrypaletta@rmxemail.com</p><p>Subscribe and Check our YouTube Page&nbsp;<span style="background-color: transparent;">&nbsp;<a href="https://www.youtube.com/channel/UCNO0N0rwq-c2X-BRLBU_5Dg" class="btn">YouTube</a></span></p><p></p><p>Make and Check My Google Reviews <a href="https://www.google.com/search?q=larry+paletta+re%2Fmax+escarpment+realty+inc.&amp;oq=LARRY&amp;aqs=chrome.1.69i60j69i59l2j69i57j69i60l2j69i65l2.2926j1j7&amp;sourceid=chrome&amp;ie=UTF-8" target="_blank" class="btn">HERE</a></p><p>Read my Blog&nbsp; <a href="http://theworldaccordingtolarry.wordpress.com" class="btn">&nbsp;Blog</a></p><p></p></td><td width="30%" align="center"><div class="s3testimonialBody"><em>Sales Representative</em>
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Hamilton Burlington Real Estate Agent. Making your Real Estate Adventure as enjoyable as possible. It's your money, your biggest Investment, allow me to be your Realtor & help you Find your next Home.

Larry Paletta

Update from the Car : Deposits vs Down Payments. Do I need a Deposit with my Offer?

Is my Deposit part of my Down Payment?Some confusion about what's a Deposit and what's a Down Payment on a House that I Buy. Every Offer in Ontario that is accepted must have a deposit cheque for the agreed amount delivered to the Listing Real Estate Brokerage within a specifi...