Updated over 10 years ago on . Most recent reply
Earnest Money
Hello everyone,
I have a question regarding earnest money and making sure the seller doesn't walk away with any earnest money I give him/her. How do I protect myself from a seller disappearing with my earnest money for a property I put under contract? I believe I was told to use my own escrow/title company or the sellers but how can I be sure that they will really put the money in escrow if they insist on using their own?
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
You make the check out to the title co, not the seller.