Earnest Money Mistakes

Once home buyers find a home they love, they declare their commitment to the seller with a sizable chunk of change known as an earnest money deposit. Yes, it sounds so sincere and serious because it is—and if you get it wrong, you could lose thousands of dollars. To scare you straight, here are eight mistakes with earnest money that home buyers often make. To ensure you don’t end up among them, read on to avoid these snafus.