Hello Ms Led:
Typically, the Earnest Money Deposit is 3 percent of the total sales price, which, in your case, would be $1950 on a purchase price of $65,000. However, I would strongly suggest, if you do not already have a real estate consultant, that you please obtain representation. Not knowing the amount of the typical earnest money deposit is a simple matter to fix, but a sales transaction can quickly become a "nest of bees" with questions about the condition of the home, the costs, how to negotiate repairs, the appraisal, the loan, and the districts where the home is located--not to mention what happens at closing.
A Realtor will help you decipher the reports you read, and provide you with important information about the property that may affect your willingness to buy. Without having this help, you may seriously be hampering your ability to make a good, solid financial decision.
Talk with a Realtor today to help you protect yourself, and your finances, by advising you through the sales transaction. Good luck!!
Area Pro Realty