Earnest Money
What is it? The deposit money given to seller or his agent by the potential buyer at the time of the purchase offer. If the offer is accepted, the money will become part of the down payment.Added By: Thomas
The Earnest Money definition has been viewed 39 Time(s)!
Send To Friends!
If you'd like to send the Earnest Money definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Earnest Money. If you need any more information on this term, please don't hesitate to contact us.