Earnest Money is a deposit towards the purchase of real estate or publicly tendered government contract made by a buyer or registered contractor to demonstrate that he/she is serious about wanting to complete the purchase.If the seller accepts the offer, the earnest money is held in escrow by the real estate broker or by a settlement or title company until closing and is then applied to the buyer's portion of the remaining costs.

I trust you are familiar with this Dodd-Frank Wall Street Reform and Consumer Protection ActJanuary 2014 1500 pages of new regulations around RE Financing.

If you think governments are cheap then you have never met the Braves.

Dave:It will really depend on the tenancy act/law in Maryland.Here we have a standard lease form (government mandated) in which the term and period of the lease are specified.

Further requirements maybe necessary upon review there of B) Review copy of regulations or operating agreement to verify who may sign for the company as well as procedures to authorize such signatory.

@Jon KlausWe researched the markets and consulted several studies produced by large broker firms.Job growth and local government support for job growth are 2 big criteria.Paul

Supposing I get some partners or co-signers that get a monthly income from the government due to disability, or a person that receives retirement, would the bank consider that a valid source of income to be considered for a mortgage?

This morning I seen that in our state of KS 75% of children are on government funded lunch programs since their families meet the poverty level income criteria.

They are legal in Texas, but you should probably consult an attorney in the county where the property is who can go over all of the regulations with you.

Now, if a person had a friend that was going to loan them money, what regulations are there on that?