Sorry, you need to enable javascript to visit this www.knowyouroptions.com.

URGENT NOTICE: Relief Available for Homeowners Affected by Hurricanes and Other Disasters. Learn More ›

When Is an Earnest Money Check Supposed to Be Cashed?

By: 
Cathie Ericson | Realtor.com
Oct 19 2017

In the real estate market, the earnest money check is one of the essential ways buyers prove they're serious to sellers. It's a substantial chunk of change that will be included with your offer to the seller to further prove that you are really serious about buying the seller's house. But once an offer is accepted, what happens with said earnest money? Does it sit in limbo as you wait for the sale to close, or will your check be cashed while the transaction proceeds?

Beware of Scams

Learn how to identify and avoid scam artists who promise immediate relief from foreclosure.
 

Find out more »

FAQs

Find the answers to common questions concerning your mortgage and the various options to avoid foreclosure.

Find out more »

Glossary

Visit our glossary of key terms to increase your understanding of the foreclosure options available.
 

Find out more »