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. Earnest money is held in an escrow account managed by a neutral third party, such as a title company or escrow firm, until the sale is completed or terminated.
31 
Let's personalize your content