How does Earnest Money Work? Explanation of what is Earnest Money

Описание: What is earnest money? Where does earnest money go? When is Earnest Money Due?

In this video you'll learn exactly what the good faith deposit in a real estate purchase is for, when it gets cashed, and what happens if you cancel and want it back.

This video is about "how does earnest money work" topic valuable information but we also try to cover the subjects:
-where does earnest money go
-everything you need to know about earnest money
-earnest money deposit real estate

If you are considering buying a home you should definitely know all the terms associated with it. Some are pretty straight forward like "home inspection". This is done so that you know the home your are buying has not issues or if it does to bring them to light.

But what about Earnest Money? What is that? Basically, it is securing your right to buy the property. A home is a pricey investment and buyers don't want to have their home under contract unless the buyer is serious. This is telling them you are serious and they need to take the house off the market.

Ready to buy or sell? Contact Bruce Bo - [email protected] or 678.761.5803

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Here are a great resources to help you if you are considering moving in the near future:

*Search for homes on our website → https://www.brucebo.com/new-construction

*Get an estimate of your home's value → https:://brucebo.com/evaluation

Google Business page - https://www.google.com/maps/place/Bru...

Serving North Atlanta Areas including Cumming, Alpharetta, Milton, Sugar Hill, Suwanee and Johns Creek. https://www.brucebo.com
[email protected]
678-761-5803


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