A large earnest money deposit can help you win the bid on a home, but what if you can’t get it back? Is it worth risking a large amount of money?Compare Offers from Several Mortgage Lenders.Luckily, there are situations where earnest money is refundable. Keep reading to see what situations Read more
What is an earnest money deposit on a home and just how much is it?
Whether you pay in cash or get a mortgage to buy your first home, you’ll be required to present an earnest money deposit. Sellers take it as proof that you are a serious buyer and doing the transaction in good faith.What is it and how much is an earnest money deposit? Can you get it back? You’ll Read more
What Happens if You Break a Home Purchase Agreement?
A home purchase agreement is put in place to protect the buyer and the seller. It helps the seller make sure they get the money they deserve after taking the home off the market for you while you get your affairs in order. It helps the buyer by giving you time to back out of the contract should you Read more
3 Things to Make Your Offer on a Home Stand Out
In any offer to buy a house, you could get a yes or a no. While getting a no certainly sends you back to house hunting, getting a yes is a leap forward. Are you prepared to make the next move? How do you make a seller accept your offer?Need help in accessing mortgage financing?» First, make a Read more
