Earnest Money

Direct AnswerAs of July 2026A deposit made by a buyer to demonstrate serious intent to purchase a property. In wholesaling, earnest money secures the purchase contract. If the deal falls through due to buyer default, the earnest

A deposit made by a buyer to demonstrate serious intent to purchase a property. In wholesaling, earnest money secures the purchase contract. If the deal falls through due to buyer default, the earnest money may be forfeited.

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