Earnest money is a good-faith deposit buyers make when submitting an offer on a home. It’s designed to show the seller they’re serious about the purchase and typically ranges from…
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Earnest
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When you make an offer on a home, you’ll usually include earnest money – a deposit that shows the seller you’re a serious buyer. This good-faith payment, typically 1% to…
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The earnest money deposit is a key part of the home-buying process. Earnest money comes into play when you’re ready to take the next step in purchasing a home. When…