Tag: Earnest Money

2020 March 17

Escrow Accounts for Mortgage: Here’s What You Need To Know

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The house selling and buying process is home to a lot of sensitive elements. Documents, money, and time are all affected by how well the process is organized to get the sale done. Luckily, escrow accounts are here for you to complete transactions with a peace of mind for all parties. But escrows have a

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2020 February 19

How to Get Earnest Money Back: What Buyers Should Know

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Looking for and buying a home doesn’t always go smoothly. Problems can arise at any stage of the home buying process which can derail the plans you had to buy a home. Whether something went wrong in the process or you changed your mind, you may be wondering how you can pull out from the

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2019 December 16

What Happens to Earnest Money in the Escrow Process?

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One of the basic components of escrow is Earnest Money. You may have heard this term in regard to “the initial deposit” or “opening the account,” but what does it all mean? Today we will look into the meaning behind earnest money and explore why it is needed in the escrow process. What is Earnest

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