Find Out More About the Fredericksburg Area Economy & Job Market
The Fredericksburg area economy is strong and growing. There are major manufacturing, industrial, government, military, defense contracting, professional, service and retail concerns in our area. One of the fastest growing areas is new construction, residential as well as commercial. There are businesses that have been existence for 100 years or more as well as new ones opening every day. Interstate I95 or The Virginia Railway Express (VRE) allows an easy commute to the Northern Va. / Washington DC area for those involved in higher government. The Greater Fredericksburg area is a wonderful place to live and work!!
Making An Offer >Good Faith Deposits
After many months of searching, you have found your ideal house. You are a little older and a little wiser now, so you want to give the impression that you are serious without appearing to be too eager. What should you do? In the marketplace, "money talks."
There is no absolute rule about how much "good-faith" deposit you should put down--but it is a tool to make your point with the seller. The typical $1,000 will hold many homes for you, except in larger-home markets where it may be critical for you to show that you are an especially serious and able buyer. You don't want to make a deposit that is too large in case there is a problem getting your money back, but if your offer is substantially below the asking price, a larger deposit--$5,000 or $10,000--might influence the seller.
If you make a low deposit with your offer, be sure to provide for an increased deposit when the offer is accepted or upon removal of the contingencies.
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| Q |
What has been described as the world's most beautiful building?
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| A |
The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
