Earnest Money vs Down Payment: Is Earnest Money Part of the Down Payment?

A Homebuyer’s Guide To Deposit, Earnest Money, And Down Payment - The NYC Broker

What Is Earnest Money?

Earnest Money: Definition and How It Works in Real Estate

Everything You Need to Know About Earnest Money Deposits

Tuesday. What does “escrow” and “earnest money” really mean when buying a home? 🏡 When you make an offer on a home, you’ll usually submit an earnest money deposit. This is your “good faith” money that shows the seller you’re serious about buying. It’s not an extra fee — it goes toward your closing costs or down payment at closing. That money is held in escrow, which is a neutral third-party account (usually handled by a title company or attorney). Escrow protects both the buyer and the seller b

Negotiate Payment Terms With Your Suppliers In 4 Steps