How much is the deposit on a new construction home?
The deposit is as low as $1,000. You pay it after you are pre-approved and have found the home you want, and you get it back at closing.
By Nick GutheryOwner & CEOUpdated Florida & Georgia
The deposit shows the builder you are serious, so it takes the home off the market for you. At closing, it counts toward what you owe.
Read what the contract says about the deposit before you sign. We go over that part with you.