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Remove Earnest money deposit Remove Proof of funds Remove Real-estate owned Related Topics
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

DECEMBER 29, 2022

Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. Proof of funds. Clients should be aware that proof of funds is different from pre-approval from a lending institution.

Purchase and sale agreement 98
Purchase and sale agreement Title Proof of funds Pre-approval 98
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