When you’re buying land in Lake City or elsewhere in North Florida, you’ll usually have to put down an earnest money deposit to show the seller you’re a serious buyer – but there are a few cases in which you can lose your earnest money deposit. Here’s what you need to know. When Can You […]
What is an Earnest Money Deposit (And How Much Does it Cost)?
If you’re buying a home, you’ll most likely need to put down an earnest money deposit. But what is it… and how much is it? What is an Earnest Money Deposit? An earnest money deposit is a good faith deposit of money to show the seller that you’re willing to secure the purchase contract. […]