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Earnest money is the deposit buyers put down when making an offer on a home. This covers what it is, whether it's required, when you pay it, how it counts toward your purchase price, and when you could lose it.
Earnest money is the deposit buyers put down when making an offer on a home. This covers what it is, whether it's required, when you pay it, how it counts toward your purchase price, and when you could lose it.
all about earnest money and what it's all about. So a lot of questions that I get about earnest money from my buyers, and they're all very good questions. The first one is, what is earnest money? Do I have to put earnest money down? What happens to my earnest money once I do put it down? Can I lose my earnest money deposit if I buy the house? Does my earnest money deposit go toward the purchase of the home? When is my earnest money deposit due? So let's start answering these questions all about earnest money.
