Tag: Earnest Money

Posted on 12/08/2024
5 Real estate terms for first-time homebuyers
For many first-time homebuyers, knowing common real estate...
Appraisal Value
Closing Costs
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Posted on 08/01/2021
Earnest Money: What Is It?
Photo by Mercigod via Shutterstock Earnest money is the amount of money put down for a large purchase. While this is not limited to real estate, it is used frequently in the real estate industry. It’s a sign of good faith from the buyer to the seller and normally constitutes about 1%-5% of the home’s price. How much...
Purchase Contract
Real Estate Terms
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