Earnest money is a “good faith” deposit the homebuyer provides with an offer, to show the seller an intent to follow through on a home purchase. The funds are typically held in an escrow account until ...

A couple in North Carolina recently shared their due diligence disaster on Reddit, and it’s gaining a lot of attention. They found their dream house, paid $3,000 in earnest money, and promptly mailed ...

An escrow account is a secure holding area for money and documents during a real estate transaction. It protects buyers, sellers, and lenders by ensuring no funds or titles change hands until all ...

Escrow is typically managed by a third party and used to pay certain bills. Here’s how it can impact your mortgage loan Written By Written by Contributor, Buy Side Daria Uhlig is a contributor to Buy ...

Question: My husband is a U.S. Air Force jet pilot. We were stationed at Luke Air Force Base for three years but recently transferred to Eglin Air Force Base in Florida. We are temporarily living in ...

Earnest money, also known as a good faith deposit, can be a powerful tool when purchasing a home. It is utilized by buyers to demonstrate their commitment to completing the process. The amount offered ...

Question: We signed the Realtor purchase contract with the buyer of our Cave Creek home. The buyer deposited with the escrow company $100,000 earnest money. All inspections were fine, and escrow was ...

GREENVILLE, S.C.--(BUSINESS WIRE)--Land Title® Guarantee Company, a nationally recognized and locally owned title company based in Denver, has partnered with Earnnest, the future of real estate ...

Personal finance columnist Shannon Buggs answers readers' questions about managing money. Q: Twenty-two years ago, my brother was turned down for a home mortgage, but the mortgage company refused to ...

Earnest money is a deposit made by the prospective buyer to the seller that “holds” the property for the buyer until the deal is complete. In exchange for this earnest money, the seller takes the ...