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Real Estate Appraisal > Earnest Money
The following information is about Earnest Money.
Earnest Money Defined
The deposit money given to the seller or his agent by the potential buyer upon the signing of the agreement of sale to show that he is serious about buying the house. If the sale goes through, the earnest money is applied against the down payment. If the sale does not go through, the earnest money will be forfeited or lost unless the binder or offer to purchase expressly provides that it is refundable.
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Off-site Earnest Money Links, User Submitted
The following links have been collected through user bookmark submission in the Earnest Money category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Fri Jun 12
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Thu Jun 11
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Wed May 13
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Thu Mar 26
- I Changed my Mind ? How do I Cancel a Bid on a HUD Home? | Columbus HUD Homes: If you change your mind after submitting an offer to HUD and want to cancel your bid you should contact your bidding agent right away! He or she can withdraw your bid online as long as it?s taken care of BEFORE the bidding deadline for that particular Columbus HUD home. Your agent?s broker will also release your Earnest Money Check back to you.
Sun Feb 8
- Earnest Money Deposits and Refunds: http://www.lac ountymarketrep ort.com The definition of an earnest money deposit in the los angeles real estate market. For more great content go to www.lacountyma rketreport.com
Sun Jan 22
- Associated Content - Online Publishing System: Strategies on buying a home in Northern Virginia in a Sellers' Market
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