Quote:
Originally Posted by kp11364
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!
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You officially make an offer sign, and give a check to your agent, then it is submitted to the seller, if seller says no check comes back to you, if they counter you can choose to proceed check goes to escrow account, or you don’t have to counter and check is returned to you.
If owner is selling on their own you should seek advice from a title company or your bank