Tag: Deposit

Posted on 02/24/2021
What is the Earnest Money Deposit? | Tip Tuesday
So, the Earnest Money Deposit (EMD). What is it? How is it used? Is it refundable? This one was quick and easy. The Earnest Money Deposit is also known as the "initial deposit" made by the buyers when buying a home. It is money that gets put up front, and is held in escrow, while buyers complete their...
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