What is Earnest Money? (Good Faith Deposit)
Earnest money is a deposit made by a buyer toward a new home to show the seller that he/she is serious about the purchase. In this video Jeff Newton from National VA Loans talks more about what is earnest money.
If you have questions about earnest money and the home buying process give us a call at 855-956-4040. Or visit us at https://www.nationalvaloans.com/