Don't Lose Your Earnest Money Deposit! 💰🏠

Putting down a earnest money deposit shows sellers you’re serious about buying. The higher the deposit, the stronger your offer looks—because it shows you’re committed and less likely to walk away from the deal.

Here is where your deposit goes and how it is protected:

Escrow Account: Your earnest money stays safely held in a broker or title company account until closing.

Credit Towards Purchase: At closing, these funds are applied directly toward your down payment or closing costs.

Release Conditions: Money is only released through a mutual contract agreement signed by both buyer and seller, or via a court order.

Want to learn more about navigating your home purchase smoothly?

🎬 Watch the full video on YouTube: youtube.com/@jandijkers

#JanDijkers #SoldByJanDijkers #JanDijkersSellsDetroit #SellingDetroit #BuyingDetroit #DetroitRealEstate #JanDijkersJustListed