Sentences with phrase «called earnest money»

You'll also pay a deposit called earnest money, to show that you are intent or «earnest» in purchasing the home.

When making an offer on a home, you will show the sellers you mean business with two things: 1) a chunk of cash called an earnest money deposit, and 2) a piece of paperwork known as an earnest money contract.

Earnest Money An earnest payment (sometimes called earnest money or simply earnest) is a good - faith deposit towards the purchase of real estate.

The only thing you need is $ 1 - 100 as far as closing a deal and it's called a earnest money deposit.

Not exact matches

In a statement, Cuomo called the fee «an earnest attempt at a real solution» to the problem of bag waste, but said that allowing the stores to keep the money amounted «to a $ 100 million - per - year windfall to merchants.»

They include lawsuits and loss of your earnest money, also called good - faith money.

The majority of VA loans call for an earnest money deposit.

Hi, that was a great call, however i know nate said that you don't need earnest money when making the offer, when i approached the agent they said that a deposit was needed when the the offer is initially submitted.

Often called in real estate as an «earnest money deposit.»

After receiving the revised contract, the Owners» attorney called the Salesperson about the crossed out earnest money provision, and the Salesperson explained that one of the Owners had told Deshields earnest money was not important to him.