If you’ve never been through the home-buying process, some of the terminology can seem a bit foreign. One of the many phrases you might come across is earnest money. When making an offer on a home, it is often encouraged to include earnest money with that offer. Earnest money is a payment of 1-3% of the offer price that is intended to show the seller you are really interested in t...
- calendar_month April 12, 2021
- category Buyers
- post Buyers, Earnest Money, First-Time Home Buyers, Homebuying