Making the Offer
You've looked at houses on the Internet, we've gone out and actually walked through some houses, and you have chosen what we hope to be your new home.
At this time the contract to buy to the home is signed and the EARNEST MONEY and contract are delivered to the Seller's Broker.
The earnest money is usually a personal check from the Buyer to show good faith in buying the property. The earnest money is returned to you if the offer to buy is not accepted.
If the offer is accepted, your earnest money check will be cashed in 24 hrs and the money held until closing, when it is subtracted by the Title Company from the amount of money the Buyer brings to closing.