Earnest money is money that the buyer puts up at the signing of a purchase contract. It shows good faith and serious intent on the part of the home buyer. The amount required varies, but sellers typically require around 1% of the purchase price as earnest money for a sales contract to be valid.
What is earnest money?
By elements|2019-02-07T17:04:44-04:00January 3rd, 2019|0 Comments
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