As previewed last week, NAR is pleased to share the latest consumer guide focused on escrow. This guide covers what homebuyers should know about earnest money deposits, including the general terms and use cases in real estate transactions.
As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor. Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides:
- NEW: Escrow and Earnest Money
- Pricing Your Home
- Preparing to Sell Your Home
- Fire Damage and Policy Coverage
- Flood Insurance
Be on the lookout for next week’s guide which will cover preparing prospective buyers for homeownership.