Tag: Opening Escrow

2019 December 16

What Happens to Earnest Money in the Escrow Process?

what-happens-to-earnest-money-during-the-escrow-process-new-venture-escrow

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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