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Updated over 6 years ago,

User Stats

5
Posts
30
Votes
Brittany Witt
  • Orlando, FL
30
Votes |
5
Posts

When does the seller get their earnest money deposit?

Brittany Witt
  • Orlando, FL
Posted

1) I just sent in my first Purchase and Sale contract to the title company but have not paid the earnest money deposit yet. When do I pay the earnest money? 

2) When can the seller get their earnest money deposit? 

a) Can they pick it anytime from the title company or can the title company send the seller a check for the earnest money anytime. 

b) Or does the seller have to wait to get the earnest money when they get their final check?

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