Can a Seller Keep the Earnest Money Deposit? Yes – Here’s When
Redfin
JULY 14, 2025
It’s designed to show the seller they’re serious about the purchase and typically ranges from 1% to 3% of the purchase price. If a buyer acts outside the bounds of that agreement, even unintentionally, and the deal falls through as a result, it can be considered a breach of contract.
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