typical earnest money amount for house
You can negotiate how much of an earnest deposit to pay with the seller, though many buyers donât realize that itâs negotiable. Two to three percent of the purchase price is a typical amount; so $6,000 to $9,000 may be requested for a $300,000 house.The typical percentage of earnest money deposit varies across the country and depending on the specific market conditions.n order for a contract to be legally valid, there must be an offer, consideration, and acceptance. The amount of consideration, in the form of the earnest money deposit, can be as little as $1, however, if accepted by the buyer.