When you buy a house the earnest money should be paid by check or how? escrow help please?
Do I pay by check or should I wait till I contact the bank where I am going to be getting the mortgage from first?
I just wanna protect myself, How will I be sure whom owns the house before giving earnest money. Right now I am searching the net and I am getting emails from someone saying they can show me some houses to look at, but when I search the link it says some other real estate agents name on the house that is being sold.
I am not saying this guy is not legit *the right person* who is representing the seller, I am just concerned and want to know the process for putting earnest money down?
Now if I put cash down and they give me a receipt is that a sure way of protecting myself and the money that I put down as a good faith effort, earnest money.
The bottom line is I need to know the process for buying a house!
Is this normal practice?