10/08/2026
🏡💰 What exactly is an Earnest Money Deposit (EMD)?
When you make an offer on a home and it’s accepted, an earnest money deposit is a good-faith deposit that shows the seller you’re serious about moving forward with the purchase.
Think of it as your way of saying, “I’m committed to this home.” 🔑
✨ Your EMD may be applied toward your closing costs or down payment at closing, depending on the terms of your contract.
Have questions about buying a home? Let’s talk! 📩