Tag Archives: earnest money

3 Ways You Can Lose Your Earnest Money

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It is common practice throughout the country to make an earnest money deposit when signing a contract for a real estate transaction.  By making this deposit, you are assuring the seller that you are a serious buyer and will risk losing the deposit if you default on the contract.  It is not a guarantee that the earnest money will be deposited if the buyer backs out.   Continue reading