Welcome, visitor! [ Login

Premium WordPress Themes - AppThemes


Earnest money

  • Listed: August 13, 2022 1:27 pm
  • Expires: This ad has expired


Earnest money

Earnest money is a deposit a buyer pays to show good faith on a signed contract agreement to buy a home. The deposit is held by a seller or third party like a real estate agent or title company. If the home sale is finalized or “closed” the earnest money may be applied to closing costs or the down payment. If the contract is terminated for a permissible reason, the earnest money is returned to the buyer. If the buyer does not perform in good faith, the earnest money may be forfeited and paid out to the seller.

No Tags

256 total views, 1 today


Listing ID: 58962f7a68bb75e2

Report problem

Processing your request, Please wait....