What is earnest money?
Earnest money is the buyer’s way of saying “I’m serious about buying this house.” The old saying “Put your money where your mouth is” really describes what earnest money is all about.
It’s a big commitment for a seller to accept an offer. If the buyer backs out, the seller loses thousands of dollars while finding another buyer.
That’s why sellers requir…
The seller accepted your offer. Now what?
There’s nothing more exciting — and potentially stressful — than when your offer to buy a home is finally accepted.
You’re probably asking yourself, “What happens now?” And for good reason. Unless you’re a seasoned home buyer, this is brand new territory.
This is really when you get to work as a buyer.
You’re going to submit…
Americans have racked up over $1.48 trillion in student loan debt.
The average student loan debt among the class of 2017 was $39,400, up 6% from the previous year.
The situation isn’t great, but in certain cities, it’s been revealed this situation is even more serious. A recently released study compared student loan debt to mortgage debt among borrowers that had both across…