A $2,500 (for cash purchases) / $5,000 (for other financing methods) minimum non-refundable deposit will be required to secure the property if your bid is chosen. The deposit will be credited towards the sales price. The only way the deposit will be refunded is if we can't close due to no fault of your own. Please note this is not earnest money, and the deposit must be received within 24 hours of your bid being accepted, otherwise the contract will automatically revert back to us and we will select another buyer.