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About Sheri Friesen
Expertise
Ask me anything regarding residential real estate in Calgary Alberta.Most of my experience is with single family homes. Please remember, I am not a lawyer so any legal questions should be directed to your lawyer

Experience
I have been a licensed realtor in Calgary since 1997. I love a challenge!

Organizations
Calgary Real Estaet Board member since 1997.

Education/Credentials
Many continuing education courses pertaining to the real estate industry. Too many to list

Awards and Honors
Many franchise awards. Master sales awards for production.

 
   

You are here:  Experts > Real Estate > Real Estate by Location > Canadian Real Estate > Deposit

Topic: Canadian Real Estate



Expert: Sheri Friesen
Date: 1/8/2007
Subject: Deposit

Question
What is a the expected amount of a deposit when buying a property?

Answer
Hello Tracy,

Here in Calgary where I practice. There is no set amount for a deposit. It is what ever the seller and buyer agree to. For example...in my ten years of experience. I have accepted deposits ranging from 1,000.00 to 25,000.00 dollars. Often, if the buyer has all of their money tied up in their current homes equity and can not afford a large deposit. It should be presented to the sellers as such so they understand. Good luck Tracy! I hope I have been of help to you.

Sincerely,

Sheri Friesen
Maxwell Canyon Creek
403-278-8899

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