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Amy Cesario

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Earnest Money

October 31, 2011 by Amy Cesario

Earnest money is money that is sent with an offer when purchasing a property.  It is similar to a security deposit when renting an apartment but it will be applied to the amount of money the buyer is bring to the table when they close on the property.  Some buyers offer more than the seller has asked for to show their seriousness or to make their offer more attractive than another offer. I have seen buyers send less than the requested amount. The seller can make the decision to accept the offered amount or ask for more in a counter offer.

If you would like to talk to me about representing you when purchasing or selling your house, please call me at 303-995-3180.  Or click on the contact me, located on the right side bar on this page.  You can also start a search and save your search by clicking on the Search Homes button on the right.

Filed Under: Denver Real Estate, for buyers Tagged With: Denver, Earnest Money, Offer, Real Estate

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Amy Cesario, Realtor®

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