All About Earnest Money with Vanessa Blacksmith and the Bifano Home Team
Channel: The Bifano Home Team
Date: 2023-01-04

All About Earnest Money with Vanessa Blacksmith
All About Earnest Money with Vanessa Blacksmith and the Bifano Home Team

Earnest Money is a crucial and very tricky part of the real estate transaction.  As a buyer, offering a lot of earnest money can be a good thing however there are important caveats to know before committing such a big amount of "good faith funds"  Same goes on the seller side... not enough earnest money from the buyer can hurt you if they default on the sale for no reason but just because there is an earnest money deposit, doesnt mean that you get it if or when the buyer terminates. 

In this clip, you'll hear from a 22 year escrow veteran on earnest money and how it is dealt with during a real estate transaction. 

Listen in! 

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