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Updated over 7 years ago,
Earnest Deposit/ Contract
Hello all, I'm new to investing and want to get started. I'm curious on when I sign a purchase and sales agreement with the seller, do I give the earnest money to the sellers title company or the buyers title company?
Also, what is the best way to make sure your contract is legal? Is using a lawyer the best way, or is that unnecessary? I just don't want to get caught up with bad contracts. I'm have the "flip mans" contract (he's from YouTube) that he uses, just unsure if I can use that. I'm located in Wisconsin, as I'm sure states have different laws. Thanks for the help in advance!
Jesse