Facei Blog

Ernest Money on Beautiful Homes

February 2nd, 2009

When you are buying homes, including beautiful homes, you need to put down some earnest money. Depending on the value of the home, the earnest money can be a large amount and is calculated as a percentage of the home’s value. Other times, the amount of ernest money is just a fixed price.

You can give as little as you would like but the seller may not accept it thinking you are not serious about buying.

There are many people who are genuinely interested and put down a lot of ernest money but in the end they back out and do not buy the homes.

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