Earnest Money: Is it Refundable?

Typically held in escrow, earnest money is a buyer’s deposit showing good faith in a home purchase. Usually, earnest money is refundable if the buyer used good faith and the contract includes common contingencies, including appraisal, inspection, and financing contingencies.

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Title vs. Deed

As Atlanta housing real estate values continue to increase, understanding important legal terms and concepts becomes even more important. Legal title to property refers to absolute ownership of the property, including the right to use the property as you wish, while a deed is the legal instrument used to convey that legal right.

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