FAQ: What is earnest money?

Earnest money is a deposit made to the seller’s showing good faith in a transaction. Earnest money allows the buyer additional time when seeking financing. Earnest money is typically held jointly by the seller and buyer in a trust or escrow account.

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Nectr Realty

1360 SE Bishops Dr.

Waukee, IA

50263

515-512-9099

nectr@nectrrealty.com