As a buyer, when your offer has been accepted by the seller, you will give a certain dollar amount, an "earnest" deposit, to start the transaction process. This earnest deposit will be put in escrow to be held and used towards your down payment. If you later decide to cancel your offer to purchase the property, will you get your deposit back? It depends. Click on the link below to find out what will determine whether or not you get this money returned to you.
Posted on: Tue, 30 Jul 2013 12:51:33 +0000
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