Earnest money deposit Proof of funds Sales 
Redfin
JULY 14, 2025
The money is held in escrow and is typically applied towards the buyer’s closing costs or down payment. So when can a seller legally keep the earnest money deposit? Failing to deliver required documents (like updated proof of funds or loan pre-approval) by the contract deadlines.
Rochester Real Estate
NOVEMBER 5, 2015
A pre-approval letter must be included, and proof of funds can also help in a seller’s market. If your offer is accepted, you will sign a purchase agreement and pay an earnest money deposit. (585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P.
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RIS Media
OCTOBER 22, 2020
Your client should also come prepared with a few other things: a pre-approval letter, earnest money deposit and, if they are paying cash, a proof of funds document. Bolin suggests that the higher earnest money deposit your client makes, the more the offer may stand out.
CT Homes
MAY 29, 2020
Below are just some of the markers that you should keep in mind when working with a cash buyer on the sale of your home. The earnest money deposit should be substantial and submitted to escrow within 72 hours of offer acceptance or sooner. Strong Offer Terms.
HomeLight
SEPTEMBER 30, 2020
The HUD Home bid package includes a sales contract , an addendum regarding lead-based paints, an earnest money deposit of 5% through cash, cashier’s check, money order, or letter of credit, and a forfeiture of earnest money deposits document. Next, explore financing options.
The Residential Specialist
FEBRUARY 27, 2024
Real estate is no exception; high-dollar sales mean creative con artists bring their A-game. Be aware It’s hard, especially when you are hungry to make a sale, to remember that things that sound too good to be true are usually just that. She also personally experienced an attempt to pull a bait-and-switch with deposits.
HomeLight
MARCH 16, 2023
Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.
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