Earnest Money

Builder Deposit vs Earnest Money – What's the Difference to Home Buyer?

Ask Cary Real Estate: What’s the difference between a Builders Deposit and Earnest Money? How do they effect the Home Buyer? Cary home buyers offer earnest money on a re-sale home and a builders deposit on most new construction. Here’s a quick overview of the similarities and differences between a builders deposit and earnest money.

Tagged as: builder deposit, cary new homes, Earnest Money, new construction

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Cary Home Buyer Tip #9 – Understanding Earnest Money with the NC Offer to Purchase

What is Earnest Money? Who Holds the Earnest Money? How Much Does the Earnest Money Deposit Need to be? What happens to the Earnest Money if I Don’t Close on the Home? These are all great questions that home buyers ask  before purchasing a home in North Carolina.  Here’s a typical scenario for a buyer [...]

Tagged as: Buyers Agent, Buying, Cary Real Estate, David Williams Cary Real Estate Agent, Earnest Money, home buying tips, NC Offer To Purchase

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