Paul Sian

Buying A House and Earnest Money

Buying A House and Earnest Money When buying a house earnest money is provided as a good faith deposit to show the seller that a buyer is interested in a particular home. Earnest money while not legally required, it is highly recommended and many sellers expect to see some amount included as earnest money. This article explores the importance of earnest money, why buyers should be prepared to provide it in their contract and how much they can typically expect to provide.