How to handle earnest money when buying a house
730 views · Published 24 October 2014 · 7:23 · Indexed 24 October 2026
Channel: kris haskins · 2014 · Education
Never give a home owner earnest money when buying a house. In the past, I used to give the EMD directly to the home owner. But sometimes the seller may keep your earnest money and still not show up at closing OR, they could say they never received it. When you put an EMD on a contract, or purchase agreement, make sure to hold it in escrow at your title company or attorney's office. You'll be glad you did. This video shows you how sellers can be less than honorable...
