Financial FAQ

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For example: Should I use a real estate broker? How do I find one?

Purchasing a Home

What is earnest money?

Earnest money is money put down to demonstrate your seriousness about buying a home. It is also known as a good faith deposit.

Down Payment Resources

Can I borrow an earnest money deposit?

Real estate professionals suggest that none of the earnest money deposit is from borrowed funds as this amounts documents the buyer's intent and the ability to pay for the purchase.