Earnest money is part of the purchase agreement. The exact terms can be negotiated between the buyer and the seller to accommodate needs and exceptions. The funds are often applied toward the purchase of the property. In the event the seller terminates the contract, funds are returned to the buyer. #thehelpfulLO #home #house #listreports #homeowner #realestate #themoreyouknow #finances #smartmoney #investment #icanhelp #loanofficer #mortgagemack
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