Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. Remember: As top Portland, Beaverton and Lake Oswego area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information! 
 |
Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
|
|
| Q |
According to Feng Shui, the art of home placement, what five elements are needed in a harmonious environment?
|
| A |
Wood, fire, earth, metal and water must be balanced to create a happy, prosperous home. |
 See More Real Estate Trivia > |
|
|
The Executive Home Team
Keller Williams Realty - SW Portland
4035 SW Douglas Way
Lake Oswego, OR 97035
Phone-Steve: 503-680-2065
Phone-Lisa: 503-680-2025
Fax: 503-336-7200
Email: Info@MoveThroughLife.com
Steve and Lisa Thoele of the Executive Home Team are dedicated to the success of their valued clients. Whether you are buying, selling or investing in real estate, you can rely on Steve and Lisa to help you move through life!   
www.MoveThroughLife.com is brought to you by
The Executive Home Team
NUMBER1EXPERT™ in real estate for
Portland, Beaverton and Lake Oswego, Oregon Read The Executive Home Team's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
