Are We Playing Poker or What?

By
Real Estate Agent with Miramar Beach, Florida

Any time you start a hand of Poker or any game of chance.  The rest of the players want to be assured that you have enough money to play the game. 

This is essentially what earnest money is.  It is an expression that the buyer is serious about buying the home or property.  This money gives the buyer extra time to get financing and conduct the title search, property appraisal, and inspections before closing.

 

Understanding mortgage terminology is important when buying a home, so work with someone who knows it all, work with me!

 

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Comments (1)

Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

I am seeing a nice shift in EM.  It is climbing to a state more representing the prices of homes.  Excellent.  Mark

Oct 18, 2021 02:56 PM