Earnest Money

When you submit a contract, you must deposit earnest money with us, in an amount of $500 for sale price of $50,000 or less and  $1,000 for sale price greater than $50,000. If your know your transaction will not close, we will notify the asset manager as soon as possible so the home can be returned to the market. If you are a investor you will have to forfeit all of the earnest money if the sale does not close. If the sale is to an owner-occupant and does not close due to circumstances beyond their control, the money will be returned.

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