earnest money

listen to the pronunciation of earnest money
English - Turkish
(Ticaret) kapora
kaparo
pey akçesi
teminat akçesi
(Ticaret) avans
English - English
Money paid as a deposit to show intent to buy or to reserve an item to be purchased; especially, money accompanying an offer to buy real estate
Money that is put down to show the buyer's good faith intentions It is generally applied against the purchase price of the house If the buyer backs out, it may be forfeited
money given by a buyer to a seller to bind a contract
money put down by a potential buyer to show that he or she is serious about purchasing the home; it becomes part of the down payment if the offer is accepted, is returned if the offer is rejected, or is forfeited if the buyer pulls out of the deal
Funds the buyer offers the seller as a sign of "good faith" that he or she intends to buy the home Earnest money is typically 5% to 10% of the purchase price and is placed into an escrow or trust account, never given directly to the seller
Funds submitted with an offer to show “good faith” to follow through with the purchase Earnest money is placed by the broker in an escrow/trust account until closing, when it becomes part of the down payment or closing costs
A deposit given to the seller to show that a prospective buyer is serious about buying the house
The deposit money given to the seller by the potential buyer as evidence of good faith in purchasing real estate The broker places the money in an escrow/trust account until closing, when it becomes part of the down payment
Deposit in the form of cash or a note, given to a seller by a buyer as good faith assurance that the buyer intends to go through with the purchase of a property
A portion of the downpayment delivered to the seller or an escrow agency by the purchaser of real estate with a purchase offer as evidence of good faith
money paid as security
A deposit made by a buyer of real estate towards the down payment to evidence good faith This money is typically held by the real estate brokers or the escrow company
The monetary advance by a buyer of part of the purchase price to indicate the intention and ability of the buyer to carry out the contract
Deposit made by a buyer towards the down payment in evidence of good faith when the purchase agreement is signed
Money given by a buyer to a seller as part of the purchase price to bind a transaction or assure payment
A portion of the downpayment delivered with a purchase offer by the purchaser of real estate to the seller or an escrow agency by the purchaser of real estate with a purchase offer as evidence of good faith Also known as a deposit
Money given to a seller by a buyer to demonstrate the buyer's good faith If the deal falls through, the deposit is usually forfeited
Money given by the buyer with an offer to purchase as evidence of good faith, and further considered a portion of the down payment
A downpayment made by the Buyer to the Seller as evidence of good faith toward the purchase of a real estate property See Deposit
The deposit money given to the seller or his agent by the potential buyer upon the signing of the agreement of sale to show that he is serious about buying the house If the sale goes through, the earnest money is applied against the down-payment If the sale does not go through, the earnest money will be forfeited or lost unless the binder or offer to purchase expressly provides that it is refundable
This is a deposit that you give to the seller, proving to him that you are serious about buying his house If the sale goes through, the earnest money becomes part of your downpayment (see Downpayment) on the house If the sale does not go through, you lose the earnest money, unless the seller agreed from the beginning to refund it to you
Funds given by the purchaser of property at the signing of a contract to help guarantee the purchaser’s performance of the contract Also called a binder fee or escrow deposit
A deposit of funds by the purchaser of a piece of real estate as evidence of good faith
The portion of the down payment delivered to the seller or escrow agent by the purchaser with a written offer as evidence of good faith
Funds paid by the purchaser of a business to the seller to indicate good faith in completing the negotiations and the subsequent transaction Usually the broker will hold the funds in a Clients Trust Account until instructed by the escrow officer how to disperse them If the negotiations result in a failed transaction, the broker will return the earnest money to the purchaser In some negotiations, the earnest money is non-refundable and must be paid to the seller upon failure of the negotiations
earles penny
earnest money

    Hyphenation

    ear·nest mon·ey

    Turkish pronunciation

    ırnîst mʌni

    Pronunciation

    /ˈərnəst ˈmənē/ /ˈɜrnɪst ˈmʌniː/

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