Hi Jane,

I would suggest that you present a Promissory Note to the Sellers for $1000.00 and have the Promissory Note redeemed or made “Good” when you have the full $1000.00 to give to them.

Sellers are familiar with Promissory Notes and this may be passable. Should you have any further questions don't hesitate to ask.

Warmest Regards,
Lori



Sincerely

Are you working with a Realtor?? This is something your Realtor would know and could answer.
You can Place a date in the Contract when the Agreed Earnest Money will be Delivered.
( Alternative Earnest Money Deadline)
Brian

Dear Jane,
You can delay providing earnest money by using the alternative earnest money deadlne in the Colorado buy/sell agreement. For example, you can set the date to provide earnest money as "5 business days following MEC" (Mutual Execution of Contract). Are you working with a Realtor?
Lesli Singer, Coldwell Banker, 290-8900

Have it written into the offer. That's a fine compromise and it's often used when passing a contingency deadline. An example would be an increase in the earnest after the inspection is completed, so to use it in your example would be fine. Good luck.

Best,
Alan Strange
303.668.5208

In CA on our forms their is a place for just such a problem. It says "Additional Deposit shall be deposited in escrow within _____days in the amount of_____".
See if this will help.