What is earnest money?

Earnest money is how you, the buyer, tell the seller "I'm serious about purchasing your home!" And how exactly do you do that?

You make a deposit (called “earnest money”), which is usually 1 to 2% of the offer price, that you offer a seller to show that you’re a confident and serious buyer.

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If you’re ready to take the next step toward home buying, click here to take the Buyer Questionnaire, where you can share more about yourself so Oliver can find your future home.