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What Is Earnest Money?

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I had one question on test What if you had 2 escrow accounts and one was negative 1000 how do you make up that money Comment from : @DD-kn5kg

It can’t be a pound of cocaine 😂😂😂🤣 Comment from : @JamesJames-pj8fl

I passed my exam today and I wanted to thank you for making these super informative and easy to digest videos ❤️ Comment from : @mizztoon91

I had a question on the exam about who is allowed to hold escrow accountws? options were banks, salespersons, broker, title companies can you help me understand Comment from : @maggiepachana9247

Hello Sir I'm From India🙏 Working as A LOAN ORIGINATION EXECUTIVE (servicing Underwriting) in a US MORTGAGE COMPANY, One parented here in India Now we are Re- Brushing Documents Love to get knowledge on Mortgage brThanks Sir 😌😎👍🏼❤️ Comment from : @jyotikantabehera6950

I passed my exam first try but I got stuck on a question about whether someone could use an appraised ring as earnest money And I wasn’t so sure! Comment from : @brittanyhazelwood4032

In reality, earnest deposits are worthless at least in the residential sales side of things Comment from : @stephaniedblendo1081

Hi Pal Is Trust account mandatory to keep client money ? Or can broker use regular bank account if he is sole proprietor?thanks Comment from : @garrysingh4977

What if there’s is a selling broker and a listing broker If The selling broker receives the earnest money, what is going to happen? Does he have to write a check to the listing broker or he can keep it until the the transaction is consummated Comment from : @sergeouamba3652

Why would anyone offer a diamond ring as an earnest deposit? Comment from : @gillianperkins4946

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