An earnest money deposit is a buyer’s good-faith payment showing serious intent to purchase. It’s typically held in escrow and credited toward the down payment or closing costs at settlement. If the buyer backs out for reasons allowed under contingencies, the deposit is refunded. However, walking aw

The key to avoiding overpayment is data. Reviewing comparable sales, analyzing local trends, and assessing property condition all provide clarity. A knowledgeable agent will prepare a comparative market analysis (CMA) to show where the home sits relative to others in price, location, and features. W

When a home is “under contract,” it means the buyer and seller have agreed to terms, but the sale hasn’t closed yet. During this time, contingencies such as financing, inspections, and appraisals must be satisfied. If everything goes smoothly, the sale progresses to closing. If not, either party may