WELCOME! A leading REALTOR in Delaware and Chester Counties for the past 20 years, Kevin Gallagher has built a team of professionals recognized for outstanding commitment to excellence in real estate service. Kevin Gallagher's extensive knowledge, ethical approach, and professionalism have resulted in a solid history representing buyers and sellers in Springfield, Upper Providence, Media, Ridley Park, Chadds Ford, Newtown Square, Swarthmore, Middletown, Drexel Hill, Downingtown, Wallingford, Kennett Square, Thornbury and surrounding communities. The KEVIN GALLAGHER TEAM invites you to visit this site often to view our latest listings, find information about Ridley Park, Media, West Chester and other areas in Delaware and Chester Counties, review reports on local schools, learn about the buying and selling process, and keep up to date on the latest real estate news. You will find many ways throughout our site to register to receive information customized to your needs. Services on this site are free and without obligation. We guarantee your privacy will be respected. Buying and selling a home is one of the biggest events in your life. Let the KEVIN GALLAGHER TEAM partner with you to assure that your next move is a successful one. Call Kevin Gallagher today for a FREE MARKET ANALYSIS or BUYER CONSULTATION at 610-675-7100 ext. 1147.  |
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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 is an encumbrance against a property, which may be voluntary or involuntary?
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There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien. |
 See More Real Estate Trivia > |
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Kevin Gallagher Team Members
Include:
Kevin Gallagher, REALTOR/ Associate Broker
REALTOR:
Dan Hilferty
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