May 14, 2021 at 7:44am | Melanie Wood
Now that your offer has been accepted by the seller and we have an executed contract, it’s time to drop off your 1st earnest money check. Earnest money checks usually need to be dropped off within 2 business days of contract execution.

What is Earnest Money?  Click here to read a great article explaining earnest money. 
Look on your offer's 1st page for the exact amount your earnest money (EM) check should be made out for, make check out to your chosen Title Company.  In the “For “line of your check, put “1st EM check for (insert property address).” You may write a check or wire your EMD which is made payable to the Title company. Should you choose to write a check please send a picture of that check to us to include with the offer and then drop it off to the title company within 5 days of the contract signing. If you are wiring the EMD, ask the title company to provide wiring instructions to be completed within 5 days of signing.

As a reminder, your earnest money check amount will be deducted from your final down payment and needs to be dropped off within 2 business days after contract execution.

If you have questions, call or text me at 410-936-5729 or send an email at melanie@melaniewoodhomes.com.

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