Earnest money – Lester Jew|GolfHomesLV.com|Prudential Americana Group - Homepage

rightEarnest money shows you’re serious

Typically when an offer to purchase a house is made, you, as the buyer, will also pay an “earnest money” deposit.  This deposit shows the seller that you’re serious about the offer to purchase the property.

The amount of earnest money deposit varies based on the type of property being purchased and local market conditions.  As your real estate professional, I’ll help you determine the appropriate amount to pay as an earnest money deposit.

The sales contract will dictate who holds the earnest money.  Usually the seller’s real estate agent will deposit the earnest money in a trust or escrow account until closing.   At closing, the earnest money is applied to the purchase price.

In the event the sale doesn’t close, the sales agreement generally spells out the conditions under which you would forfeit the earnest money.  Generally if the seller meets all the terms of the contract, the seller will keep the earnest money.  If the seller does not meet the terms of the contract, you, as the buyer, may receive a total or partial refund of the earnest money.

 

Las Vegas Luxury Homes, golfhomeslv.com, Las Vegas Luxury Real Estate, Las Vegas Luxury Golf Homes, luxuryhomes.com




© 2014 BRER Affiliates LLC. An independently owned and operated broker member of BRER Affiliates LLC. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential. Equal Housing Opportunity.
 


Licensed in Nevada



The data related to Real Estate for sale on this website comes in part from the INTERNET DATA EXCHANGE (IDX) program of the Greater Las Vegas Association or REALTORS® MLS.

Information deemed reliable but not guaranteed.
Copyright © 2014 of the Greater Las Vegas Association of REALTORS® MLS. All rights Reserved.

 


Lester Jew - Lic. 57465 | GolfHomesLV.com Prudential Americana Group REALTORS® 3185 St. Rose Parkway, Suite 100 Henderson, NV 89052
Phone: Cell: Fax:

ABOUT | CONTACT | FREE HOME VALUATION | Find A Home! | LATEST GOLF NEWS | MLS SEARCH | FOR BUYERS | REAL ESTATE NEWS | SELLING YOUR HOME | FEATURED HOMES | PROPERTIES | HOME | Financing | Site Map | FREE REPORTS | Selling One, Buying Another

Copyright © 2014 Lester Jew - Lic. 57465 | GolfHomesLV.com
Portions Copyright © 2014 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: