💰 What is Earnest Money? ⸻ Ever hear someone say, “You need to put down earnest money” when buying a house and thought… what is that? Let’s make it super simple 👇 ✅ Earnest money is a deposit you give when you make an offer. It’s like saying, “I’m serious about buying your house!” ✅ Why it matters: It shows the seller you’re committed. If your offer is accepted, it goes toward your down payment or closing costs. ✅ Real-life example: I had a buyer put down $2,000 in earnest money on a home. The
💰 What is Earnest Money? ⸻ Ever hear someone say, “You need to p…
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Homebuyers, stop scrolling! 🚨 Confused about the difference between an Earnest Money Deposit and a Down Payment? You're not alone! I've broken down these two crucial terms in today's graphic to help you understand where your money goes when you're buying a home. Knowing this can save you stress (and potentially money!) down the line. 💡 The Takeaway: While both involve your cash, they serve different purposes early in the home-buying process. DM me "HOME BUYING" or tap the link in bio for a fre
Homebuyers, stop scrolling! 🚨 Confused about the difference bet…
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