💰 What is Earnest Money? ⸻ Ever hear someone say, “You need to put down earnest money” when buying a house and thought… what is that? Let’s make it super simple 👇 ✅ Earnest money is a deposit you give when you make an offer. It’s like saying, “I’m serious about buying your house!” ✅ Why it matters: It shows the seller you’re committed. If your offer is accepted, it goes toward your down payment or closing costs. ✅ Real-life example: I had a buyer put down $2,000 in earnest money on a home. The
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💰 What is Earnest Money? ⸻ Ever hear someone say, “You need to put down earnest money” when buying a house and thought… what is that? Let’s make it super simple 👇 ✅
Rizzy Lo. Rizzy Lo · Original audio. 💰 What is Earnest Money? ⸻ Ever hear someone say, “You need to put down earnest money” when buying a house and thought… what is that? Let’s make it super simple 👇 Earnest money is a deposit you give when you make an offer. It’s like saying, “I’m serious about buying your house!” Why ...
138 views3 months ago
Earnest Payment Explained
Earnest Money Explained: What It Is, Where It Goes & When You Get It Back 💰 If you're buying a home in Northeast Ohio, you've probably heard the term "earnest money deposit" and wondered what it actually means. Let me break it down for you. Earnest money is good faith money 🏡 You put it down when you make an offer to show the seller you're serious not just window shopping. Here in our area, it's usually between $500 and $2,000 depending on the price of the home. Here's what you need to know: ✅
3:06
Earnest Money Explained: What It Is, Where It Goes & When You Get It Back 💰 If you're buying a home in Northeast Ohio, you've probably heard the term "earnest money deposit" and wondered what it actually means. Let me break it down for you. Earnest money is good faith money 🏡 You put it down when you make an offer to show the seller you're serious not just window shopping. Here in our area, it's usually between $500 and $2,000 depending on the price of the home. Here's what you need to know: ✅
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