However, in most cases, the buyer needs additional financing to obtain the full purchase price. Here are the three common financing methods used in real estate purchase contracts: Serious money deposit: a serious money deposit is a down payment that shows good faith and the obligation for the buyer to continue the purchase of the property. In return for the buyer`s serious money deposit, the seller withdraws the property from the market. At the end of the purchase, the deposit of serious money is charged to the purchase price. When the contract is terminated in accordance with the terms of the contract, the serious deposit is usually returned to the buyer….