What is Earnest Money?

By |2019-06-25T09:31:00-05:00July 3rd, 2019|Buyers, Mortgages, Sellers|

When you buy or sell a home in Midland, you'll hear the term earnest money - but what does it mean, how much is it, and what happens to it when your transaction is completed? Here's what you need to know. What is Earnest Money? Earnest money is a deposit - sometimes also called a [...]