Don’t Put Your Earnest Money at Risk

Banker & Tradesman, Oct 29, 2023—-Lew Sichelman
Attaching a check to the offer on a house you hope to purchase is the right way to signal your intentions to the seller. The larger the check, the more serious the buyer.
But putting up earnest money is not without risk. If you don’t abide by the contract you and the seller sign, you could end up forfeiting the entire amount.
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