Buyers Beware of these Earnest Money Mistakes
Earnest money is a great way to show a seller you’re serious about the offer you’re making on their home. By placing a portion of what amounts to your down payment on the table to demonstrate your commitment to follow-through on the contract, you’re saying “I love this home and I’m ready to go.” But there’s a real risk involved: If you make a mistake, you might just be out a chunk of cash.
Here are some ways to avoid burning your home-buying bankroll in lost earnest money:
Protect yourself and your down payment by playing smart with your earnest money. If you have questions or concerns, ask your agent to help you understand everything in plain language!
Ready to buy? Let me help you find the right home and protect your interests along the way: Barry 760-574-7676
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