Earnest Money: Three Common Issues and Misconceptions

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Earnest money and repairs are by far the two most common causes of disputes in a residential transaction. I want to address three earnest money issues: the requirement of earnest money; the seller’s remedy if the contract requires earnest money and it is not deposited; and the procedure for claiming earnest money if the transaction does not close. Learn more in Earnest Money: Three Common Issues and Misconceptions.

 

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