What is Earnest Money? Learn how this plays a role in a home purchase

If you are considering buying a home you should definitely know all the terms associated with it. Some are pretty straight forward like "home inspection". This is done so that you know the home your are buying has not issues or if it does to bring them to light. But what about Earnest Money? What is that? Basically, it is securing your right to buy the property. A home is a pricey investment and buyers don't want to have their home under contract unless the buyer is serious. This is telling them you are serious and they need to take the house off the market. Ready to buy or sell? Contact Bruce Bo - bruce@brucebo.com or 678.761.5803