Earnest money is a "good faith" deposit the homebuyer provides with an offer, to show the seller an intent to follow through on a home purchase. The funds are typically held in an escrow account ...

A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common ...

To show you're serious about buying it, you can offer earnest money. This money goes to the seller if you decide to walk away ...

Earnest money — yet another unfamiliar term that's popped up when buying a home. Put it up there with escrow, amortization, DTI, PMI, and all the other letters, words, and phrases that are a ...

Escambia County and FloridaWest remain tight-lipped about names of potential buyers while residents wonder what's next for development of property ...

The Respiratory Health Association, owner of 1440 W. Washington Blvd. in Chicago, is suing a developer for quitting a $24M ...

If you’re considering homeownership you might still be deciding whether it’s cheaper to build or buy a house. According to ...

She loves helping people learn about money, whether that’s preparing for ... Commissions do not affect our editors' opinions or evaluations. Earnest offers private and refinanced student loans ...

A Rhode Island man has admitted to his part in two international fraud schemes: One that raked in about $70,000 in federal ...

Terms like FSBO, acceleration clause, and stick-built might seem like a foreign language, but at least in the case of earnest ...

Getting ready to shop for a home? An important part of the home buying process is making an earnest money deposit, or “EMD.” Also known as a “good faith deposit,” earnest money is a lump ...