Hey, I gave my real estate agent a $5000 Earnest Money Deposit check… Where does that money go? A basic and very obvious question that most First-Time home Buyers ask once their purchase contract gets accepted. According to Wikipedia: Earnest Money – an earnest payment (sometimes called earnest money or simply earnest, or alternatively a [...]
Tag Archives: Earnest Money
Where Does My Earnest Money Go?
by Brad Yzermans on 28. Mar, 2010 in Home Buying Process, Mortgage Closing Costs
Assembling Your Home Buying Team – Knowing The Players
by Brad Yzermans on 28. Mar, 2010 in Home Buying Process
Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it’s important that the individual players have the ability to effectively communicate and execute on important decisions together as [...]
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