Ask your agent no one can render an opinion we are not part of transaction and terms of contract. Who was check written to ? Title company? Broker office? Property Owner? What does executed contract state?

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The two prior answers are correct. You need to bring in funds to cover your down payment and your closing costs (escrow, title, lender fees, etc). The first check shows you are serious and committed. A few days before the escrow is scheduled to close, the escrow officer will tell you how much more to bring in.

You should already know this. You may want to sit down with your agent and make sure that you have a clear understanding of the entire process. You should know what fees to expect, what timelines are important, etc.

Make sure that you have an estimated closing statement from escrow and a Good Faith Estimate from your lender. Reviewing these two items should give you some of the information you need.

Jacky,

Your $3,000 deposit is part of your down payment and is also credited toward your final closing amount due.

That would be your earnest money and yes it is a part of what you will need for your down payment.