Que Es Earnest Money Deposit?
Un depósito de buena fe (EMD) es un pago que se hace cuando presentas una oferta por una casa. Le muestra al vendedor que vas en serio con la compra. El depósito se mantiene en fideicomiso y típicamente se aplica a tu enganche o costos de cierre al momento del cierre.
Datos Clave
- In Monterey County, earnest money is typically 1% to 3% of the purchase price.
- The deposit is held by the escrow company, not the seller.
- If you back out for a reason covered by your contingencies, you get your deposit back.
- If you back out without a valid contingency, you may forfeit the deposit to the seller.
- A larger deposit can make your offer more competitive in a hot market.
Ejemplo Practico
You offer $650,000 on a home in Monterey. You include a $10,000 earnest money deposit (about 1.5%). It's held in escrow during the transaction and applied to your down payment at closing.
Por Que Importa
Earnest money protects the seller and shows you're committed. In a competitive market like Monterey County, a strong earnest money deposit can help your offer stand out. Make sure you understand your contingencies so you know when you can — and can't — get it back.