Archive For April 24, 2017

Understanding Your Good Faith Deposit

Understanding Your Good Faith Deposit

A good faith deposit is provided to the seller’s real estate agency and held in a non-interest bearing escrow account until settlement day.  The money is used to ensure “good faith” that the buyer does in fact wish to purchase the home.  Most buyers provide two good faith deposit checks prior to settlement day. The…

Go Top
everyhomerealtors
everyhomerealtors
myeveryhome
Visit Us
everyhomecom/everyhome-listings/
everyhomecom/everyhome-listings/