{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/597470275a6d45c68b0dc33daf8a38eb\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/597470275a6d45c68b0dc33daf8a38eb-00001.gif","duration":502.68,"title":"Deposits with your Offer: A Thorny Issue","description":"In this video, I discuss the topic of deposits in SMB acquisitions, particularly when dealing with business brokers. I explain why putting a deposit down with a letter of intent is not advisable for searchers, as letters of intent are primarily non-binding. I also highlight the risks associated with using template purchase agreements that include deposits and the lack of customization they offer. Additionally, I address the potential consequences of losing a significant deposit and provide alternative approaches to mitigate this risk."}