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Indianapolis

Kiss your Earnest Money Goodbye – If you do this!

The earnest money check is normally cashed and held in a title company trust account,or in the broker’s escrow account.Sellers rarely accept offers without the buyersputting down earnest money to show that they are serious and are making theoffer in good faith. The amount of earnest money you pay varies,but it’s typically 1%–2% of the…

Real Estate Commissions who get what?

First let’s start with what a real estate commission is. Many professionals charge by the hour, real estate agents typically work for a commission, or a percentage of the money exchanged in a final transaction. Real Estate agents are paid only when the deal closes! Many people don’t understand that if you are not successful…