Buying a home can sometimes be a confusing experience. One of the more particularly confusing experiences is the earnest money deposit versus the down payment. Before you make an offer on a duplex, town home, or single family home, it is important that you understand what each is.
What Is an Earnest Money Deposit?
When you make an offer on a home, the seller needs some type of reassurance that you are serious about your offer.
Vanessa Wallace
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