Posts Tagged ‘What is earnest money?’

21 – What is earnest money?

This is a payment made to the seller by the buyer to signify that they are fully intended to close on the property. If the buyer doesn’t close, the seller gets to keep the money for the time and effort already done. It shows good faith basically. https://youtu.be/eNH5x9yySvA https://youtu.be/eNH5x9yySvA If you want to learn more…

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