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The Ever Upward BLOG

with The Excelsior Team at Brown Harris Stevens

Category: due diligence

Written by Eirik Davey-GislasonMarch 27, 2017March 27, 2018

Good Faith Deposits: A Part of the Process or a Despicable SCAM?

Originally posted on The Ever Upward BLOG:
I am often asked by clients about “good faith deposits” and whether they should be skeptical about providing a deposit when submitting an application for an apartment. The answer is, it depends. If the deposit is going to the landlord, that is likely above board. However, if the…

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