Earnest Money, Explained

"Earnest money" sounds scary — but it's really just your good-faith deposit. 🤝

The quick facts:
✅ Usually 1–3% of the purchase price
✅ Held in escrow — NOT paid to the seller
✅ Applied to your down payment / closing costs at the end
✅ Protected if you back out under a valid contingency

It shows the seller you're serious — and with the right contingencies, your money stays safe. 🔑

At Sell for 1 Percent we make sure Central Ohio buyers understand every dollar — and save you thousands when you sell with us.

📲 DM us "EARNEST" with any questions.

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