Three Times You May Kiss Your Earnest Money Goodbye

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Three Times You May Kiss Your Earnest Money Goodbye

Three Times You Can Kiss Your Earnest Money Goodbye

Thanks to Realtor.com/Beth Braverman for this great article, here are a few snippets.
Click the link above to read the whole article.

 

  • 1. You waived your contingencies

In highly competitive markets, it’s becoming more common for buyers to waive contract contingencies regarding financing or an inspection. You might be tempted to do the same—it will make you a more attractive buyer. But it also comes with serious risks. You guessed it: You might lose your earnest money deposit.

 

  • 2. You ignored the timeline outlined in the contract

 

  • 3. You get cold feet

If you have a change of heart about the home you’re buying—but there’s no problem with the property or the financing—you likely will not get your money back.

 

If you are ready to buy or sell a home in the Las Vegas area call (702) 812-4550.

 

 

Las Vegas Real Estate Agent Dawn Barrier
Sell Your Las Vegas Home with Dawn Barrier Las Vegas Real Estate Agent

 

 

 

 

 

 

Three Times You May Kiss Your Earnest Money Goodbye

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