Talk of The Villages Florida - View Single Post - What happens first?
View Single Post
 
Old 03-28-2024, 03:45 PM
kp11364 kp11364 is offline
Senior Member
Join Date: Feb 2021
Posts: 191
Thanks: 254
Thanked 95 Times in 40 Posts
Default What happens first?

Hi all,

I've got a general question about purchasing a resale home in TV.

So you visit a home and want to proceed. Do you need to put down the "earnest money" first, THEN engage a home inspector? Is the "earnest money" returned if the inspection fails?

I know that if the sale goes ahead, the earnest money is applied to the sale price.

Thanks!