Getting ready to shop for a home? An important part of the home buying process is making an earnest money deposit, or “EMD.” Also known as a “good faith deposit,” earnest money is a lump ...

When you’re buying a home, the sale might fall through for any number of reasons. But what if you just change your mind? If ...

The Supreme Court today (Feb. 3) clarified that forfeiting a reasonable earnest money deposit in a contract does not ...

People in the market for a home quickly learn the costs involved when purchasing a home can far exceed the agreed-upon price.

Earnest money is a deposit made by the prospective buyer to the seller that “holds” the property for the buyer until the deal is complete. In exchange for this earnest money, the seller takes ...