"Gould 0738" wrote in message
...
If you are putting down a deposit with your offer,

*******
If you want your offer to be taken seriously, or even be legally binding
on the
seller, you must present some "consideration" for the seller to accept.


I am not sure what you mean by "consideration".


The typical process is for the buyer to make an offer with a deposit. The
offer may have contingencies, such as an acceptable sea trial and survey.
The offer is a contract (or at least it should be), and once the seller
signs it becomes binding. If the buyer reneges on the deal then the deposit
becomes the retribution to the seller. If the seller reneges, well, it
might take court action to settle but the buyer does have a darn good case.

Rod