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Listen "Caveat REALTOR®: Earnest Money Deposits"
Episode Synopsis
Join us on part one of our three-part series on escrow. This week, the Virginia REALTORS®’s legal team looks into earnest money deposits. They review the rules and regulations surrounding escrow accounts and how to handle earnest money deposits. Finally, they discuss some common legal hotline questions, such as “Can you delay depositing the Earnest Money Deposit for a short sale until the lender approves the deal?”
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