Sentences with phrase «money deposit»

New state rules take pressure off of licensees, who are required by law to get earnest money deposited into a trust fund within three days.

The seller is simply hoping the transaction will conclude upon receipt of a huge sum of money deposited into the seller's bank account.

If a high earnest money deposit in your area is $ 20,000, then increase it by $ 10,000.

True leverage is the full amount of your position divided by the amount of money deposited in your trading account.

On average, you'd get money deposited into your account every other week.

To beat out other offers, you could include a large earnest money deposit with your offer to prove you're serious and to make your offer stand out.

Anyone looking for a competitive rate of return on money deposited for a set period of time.

Performance bond margin The amount of money deposited by both a buyer and seller of a futures contract or an options seller to ensure performance of the term of the contract.

This will often cause you to miss your closing date and the seller can take your hard earned earnest money deposit for failing to perform on the sales contract.

These cards use money deposited from the cardholder as collateral to open the account, so banks can safely give people with low credit scores an opportunity to get back on their feet.

It is also common to attach an earnest money deposit check to your offer.

If something goes wrong in the transaction process, there's a possibility that either you will get your earnest money deposit back or the seller will keep it.

I have it set for the sports that I wager on, and the sportsbooks that I have money deposited at.

Any number of things, ranging from a competing buyer's all - cash offer to an insufficient earnest money deposit from you.

The only way this should be done is if the buyer has some skin in the game and risks losing their earnest money deposit if they do not complete the sale.

Editor's note: We get a lot of questions from home buyers about the earnest money deposit when buying a home.

You pay the earnest money deposit once your offer for purchase has been accepted by the seller, to prove that you are invested in buying the home.

Look for an account that pays at least some interest, since it's basically free money deposited right into your account.

This is often done with no regard to your financial interest and potential for losing your hard earned earnest money deposit while in escrow if your loan will not approve.

They have taken money deposited by our tenants and have refused to pay us.

The size of your earnest money deposit depends on your local market's customs and conditions.

Here's your cheat sheet on earnest money deposit vs. down payment.

Last week we focused on the myth of the earnest money deposits accompanying short sale offers.

Buyers who listen to well - meaning family and friends may lose out on the home they have their heart set on by not offering an earnest money deposit up front.

The additional money deposited by the trader is called variation margin.

Money deposited here can be used to pay premiums for medical, dental, or health maintenance organization coverage.

A solid contract supplemented with an earnest money deposit shows a seller that you have both the resources and the desire to seal the deal.

Do you know anyone who lost an earnest money deposit after his / her loan was denied?

The earnest money deposit indicates the buyer's firm intention to purchase the property in question.

The earnest money deposit serves a protection for the sellers when they take their home off the market.

An earnest money deposit tells a seller you are serious about closing.

Getting extra money deposited into your account could make it easier to manage your checking account and budget because you'll have additional money to spend or save.

They do this by lending money deposited by you the customer and charge a monthly interest payment.

What's more, if your loan contingency has expired or been removed, you could lose your earnest money deposit along with your new home.

These funds are an outstanding option to make the best use of the idle money deposited in your bank accounts, as such schemes have a potential to make your investments grow.

«For example, our policy is that earnest money deposits need to be made out to the brokerage or an escrow company,» she explains.

An earnest money deposit basically says to the seller you are serious about buying his / her house and thus willing to put your money where your mouth is.

If your contract is contingent on an appraisal, one option you have is to withdraw your offer and have your earnest money deposit returned.

The amount of money deposited with the listing realtor as good faith to carry through with the offer to purchase and is applied toward the down payment.

A sum of money deposited in trust by the purchaser on making an offer to purchase.

With both banks and credit unions, you may have to back the loan with money deposited in a savings account or with CDs.

You're getting money deposited into it every three to four days.

The latest excuse is that underwriting is questioning whether his earnest money deposit check is still good considering it is almost dated a year ago.

The main goal of a financing contingency is to ensure that if you can't obtain a loan, you'll be able to get your earnest money deposit back.

Once you own twenty to thirty of them, you will be getting money deposited into your account anywhere between 80 and 120 days per year.

After this period ends, the contract «goes hard,» meaning that the buyer will lose his earnest money deposit if he does not close.

However, I can't imagine there is a law that requires and earnest money deposit when buying from private sellers.

The only money you will need is the earnest money deposit once your offer gets accepted.

Bond mutual funds are pools of money deposited by individual shareholders, collectively invested in bonds by professional money managers.