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Earnest Money Deposits: Everything You Need to Know

by David Soble | Oct 3, 2021 | Contractor Agreements, Purchase Agreements, Real Estate Law

Why Require An Earnest Money Deposit An Earnest Money Deposit, also known as a good faith deposit, comes from the prospective home buyer and it shows the buyer’s commitment to the seller that they are serious about purchasing a seller’s home. Once the...

Earnest Money Deposits: Everything You Need to Know

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