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All agents are NOT alike! Find out why we are top real estate experts. Call us: (310)370-4010. -The A Team Realtors
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Get Free Presentation On Our Home Marketing. Before signing a contract with any REALTOR®, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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Three Offers Within One Day On the Market! Thanks to them, what is usually described as a stressful experience turned out to be pleasant and definitely stress-free. Steve and Nora Yusa, Torrance, CA Read Quote > View All Quotes >
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Larry, Wanda and Al Agena are some of The Top Selling Real Estate Experts Find Out More > |
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Very Honest, Ethical and Hard Working
Larry listed and sold our home back in 1974. He has proven to us over the last 24 years to be very honest, ethical and hard working. We will continue to refer him to others.
Ted and Alice Fukumoto
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Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
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| Q |
What unique type of home is making news as an affordable, environmentally-friendly housing alternative?
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| A |
Straw bale homes may well become the non-toxic, affordable home of choice in the future. |
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