What Buyers and Sellers Should Know About Earnest Money | Real Estate Articles Worth Reading | Scoop.it

Earnest Money/Home Deposits Explained: What is earnest money? How much is earnest money? How does earnest money work? What's the difference between earnest money and down payment funds? These are all common questions that home buyers ask real estate agents daily. By the time you're done reading, you'll have a solid understanding of the answers to these questions. There are plenty of terms and concepts in real estate transactions that can prove confusing or complicated, especially when you have never encountered them before.