What is Earnest Money in a real estate transaction?

The Barr TeamFirst Time Homebuyer Info, Info for Home Buyers, Info for Home Sellers, Info on Real Estate Transactions, Uncategorized Leave a Comment

In this video Henry explains what earnest money is, when it is needed and in what amount… Hi this is Henry Barr with The Barr Team here at Re/Max Properties of the Summit in Frisco Colorado. Some people have asked me “What is earnest money?”. Earnest money is the amount of money that is presented when somebody presents an offer …