{"id":86,"date":"2014-01-13T21:47:35","date_gmt":"2014-01-13T21:47:35","guid":{"rendered":"http:\/\/fastforwardstories.com\/?p=86"},"modified":"2017-06-13T06:42:04","modified_gmt":"2017-06-13T11:42:04","slug":"what-is-earnest-money-and-how-much-should-i-set-aside","status":"publish","type":"post","link":"http:\/\/titlecompanywebdesign.com\/mcgeheeloanclosings\/what-is-earnest-money-and-how-much-should-i-set-aside\/","title":{"rendered":"What Is Earnest Money, And How Much Should I Set Aside?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 28px 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_quock2e7ly videoFoam=true\" style=\"height:100%;width:100%\">&nbsp;<\/div>\n<\/div>\n<\/div>\n<p>Like the video shows, \u201cearnest money\u201d is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price though the amount can vary with local customs and conditions.<br \/>\nIf your offer is accepted the earnest money becomes part of your down payment or closing costs. If the offer is rejected, your earnest money is returned to you. If you back out of a deal, you may forfeit the entire amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Like the video shows, \u201cearnest money\u201d is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price though the amount can vary with local customs and conditions. If your offer is accepted the earnest [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[15],"class_list":["post-86","post","type-post","status-publish","format-standard","hentry","category-selecting","tag-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Is Earnest Money, And How Much Should I Set Aside? - Jackson, MS Real Estate Attorney | McGehee Loan Closings, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/titlecompanywebdesign.com\/mcgeheeloanclosings\/what-is-earnest-money-and-how-much-should-i-set-aside\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is Earnest Money, And How Much Should I Set Aside? - Jackson, MS Real Estate Attorney | McGehee Loan Closings, Inc.\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Like the video shows, \u201cearnest money\u201d is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price though the amount can vary with local customs and conditions. 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