What is Earnest Money, Its Role in a Real Estate Transaction, and Should You Make an Offer?

what is earnest money

Buying a house is a big monetary determination, and understanding its many intricacies is essential. Earnest cash, also called a good-faith deposit, is one such idea that performs an important position in the actual property transaction course of. Earnest cash serves as a tangible expression of your real curiosity in buying a property. It’s a … Read more