June 3, 2021

NO Earnest Money Refund

The earnest money deposit—the cash you as a buyer offer to essentially call dibs on real estate—is one of the most important and misunderstood parts of the home-buying process. Depending on location, home buyers can expect to put down anywhere from 1% to even 10% of the real estate purchase price as earnest money. You waived your contingencies In highly competitive markets, it’s...

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