Dandridge Tn Homes for Sale-Earnest Money

Real Estate Agent with Synergy Realty Pros 322579

Dandridge Tn Homes for Sale-Earnest Money

Posted on July 9, 2021 - 06:33 AM by Rose Mary Justice


Real estate terms can be confusing, but I'm here to help! Earnest Money is good Faith Money to show the seller you are serious about buying their home. This money is placed in escrow until we close on your home. Then that amount is applied to your loan amount. 

Now if for some reason you just back out on a contract for no good reason then you will, most likely forfeit that money to the seller.  If in fact you have an inspection and there are good reasons (something wrong with the home) then you may get your earnest deposit back if you decide to move on to another home. This is only one part of the process of purchasing a home.  We'll navigate the home buying process together, just send me a message to get started. I am here to help.

Rose M Justice 423 258 4830

Synergy Realty Pros 865 761 0105


Licensed in Tn-Equal Housing Opportunity

Courtesy of List Reports

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                                             Rose Mary Justice-Your East Tn

                                           Visit the Smoky Mountain Tn Area

Selling Douglas and Cherokee Lake Homes, Cabins and Residential Lots and Land.

Be close to the Smokies, Pigeon Forge and Sevierville for Entertainment and Shopping within a matter of minutes.

Visit Here to View Homes:  www.homesinthesmokiesonline.com                 



Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Rose Mary and good way of explaining it to buyers.  Make it a great day!


Jul 09, 2021 07:58 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Nailed it well with this post.  Good Faith Money. 

Jul 09, 2021 08:39 AM