It may seem strange to slip some cash to the seller along with your offer to buy a home.
But including an earnest money deposit with your offer is practically mandatory these days, and serves to protect both parties in a real estate transaction.
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Jessi Hall is a former real estate broker and investment property manager. She previously worked as a reporter for two Missouri newspapers, and is passionate about providing helpful information to new homebuyers and real estate professionals alike. Jessi currently writes about real estate, VA loans and homeownership for Veterans United Home Loans.
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