Earnest money on real estate offer
A measure of what it costs an investment company to operate a mutual fund. If the deal falls through, the buyer may not be able to reclaim the deposit. To find a qualified home inspector, ask your lender or real estate agent for names of companies that have a good reputation. Although most purchase contracts stipulate that a seller can keep the earnest money deposit if a buyer fails to complete the purchase of a home, the seller and the buyer can find a fair solution on how to distribute the earnest money deposit between them. Without this contingency, you could risk losing your earnest money or worse if you cannot get a mortgage loan. You should insist that each of these items be covered in a detailed report that you get to keep. Personal Finance Money Hacks Your Career Small Business Investing About Us Advertise Terms of Use Privacy Policy Careers Contact.