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What Is Earnest Money In A Real Estate Transaction?

What is earnest money in a real estate transaction?

Eventually, when you go about buying a home there will come a time you want to write a contract on a home. And, you will run across the term earnest money deposit.  For many buyers, they will think what is earnest money? How does earnest money work? If you have previously bought a home you probably already have an understanding of earnest money.  But as a first time home buyer, it can be confusing. Sometimes you will hear the term good faith deposit, home deposit or escrow money as … Continue reading...

Posted in: Buying a House, First Time Home Buyer Tagged: deposit, earnest money, escow money, good faith

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Kevin Vitali

KEVIN VITALI


978-360-0422
kevin@kevinvitali.com
Kevin Vitali- Massachusetts REALTOR EXIT Realty Beatrice Associates
191 S. Main Street
Middleton, MA 01949 cell phone: (978) 360-0422 office phone: (781) 929-1010

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Real Estate Services in the following areas: Northeast Massachusetts, Merrimack Valley, North Shore and Metrowest including the following communities and the surrounding area including Amesbury, Andover, Billerica, Burlington, Chelmsford, Dracut. Georgetown, Groveland, Haverhill, Lawrence, Littleton, Lowell, Melrose, Merrimac, Methuen, Middleton, Newbury, Newburyport, North Andover, North Reading, Reading, Salisbury, Stoneham, Tewksbury, Tyngsborough, Wakefield, West Newbury, Westford
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