Earnest money is the money you give to the seller to show that you are serious about the offer you are making on the home. The amount given can range and depends on the market in which you are buying and the seller requirements.
The earnest money will be credited back to you at the closing table assuming you go to closing. If you do not go to closing, then you are still eligible to get your money back as long as the seller is notified within the finance contingency period.
The earnest money will be credited back to you at the closing table assuming you go to closing. If you do not go to closing, then you are still eligible to get your money back as long as the seller is notified within the finance contingency period.