Is Earnest Money Refundable? When You Can (and Can’t) Get It Back
Redfin
JULY 11, 2025
This good-faith payment, typically 1% to 3% of the purchase price, is held in escrow and applied to your down payment or closing costs if the sale goes through. Key steps include: Include clear contingencies in the contract Meet all contract deadlines for inspections, financing, and other contingencies.
31 
Let's personalize your content