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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><link><![CDATA[http://www.trulia.com/voices/rss/qa/activity/Cohoes---9892]]></link><description><![CDATA[Trulia Voices ]]></description><language><![CDATA[en-us]]></language><item><title><![CDATA[Very Large Deposit OK?]]></title><link><![CDATA[http://www.trulia.com/voices/Home_Buying/Very_Large_Deposit_OK_-148709]]></link><description><![CDATA[We recently made an offer to buy a home for 270K which is being sold in a short sale. Our agent told us that we needed to make a very large deposit - $5000 in earnest money when we present the offer and then $10,000 more when the offer is accepted. We didn't think much of it at first because we don't know a lot about home buying, but now everything I'm reading says this is too large a deposit. 

The home is quite new, less than 2 years old, and seems to be in good condition. Should we try to rescind the offer before we get it back (it's going to take a couple of days for the bank to send back the paperwork though they have verbally given approval)?]]></description><pubDate><![CDATA[Sat, 25 Jul 2009 10:16:00 PDT]]></pubDate></item></channel></rss>
