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Upper Dublin, Horsham and Blue Bell real estate and homes for sale in Pennsylvania - The Rosenthal Group, REALTOR®

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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.

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The Rosenthal Group, REALTOR®, real estate agent and broker for Upper Dublin, Horsham and Blue Bell, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Rhonda & Larry Rosenthal & The Rosenthal Group
Prudential Fox & Roach Realtors
653 Skippack Pike
Blue Bell, PA 19422
Toll Free Number 1-800-348-0708
Rhonda's Cellular 215-432-5610
Larry's Cellular 267-735-4321
Personal Fax 215-643-8681
Sandy - Assistant 215-619-2307
Office 215-542-2200 x338
Rhonda's E-Mail E-Mail: rhondalrosenthal@gmail.com
Larry's E-Mail E-Mail: larryzrosenthal@gmail.com
Sandy's E-Mail E-Mail: sandy1950@comcast.net
Alene Dordick's E-Mail E-Mail: alenerealtor@aol.com
Jim Ware's E-Mail: ware66@aol.com

Jessica Metz's E-Mail: jessica.metz@prufoxroach.com

WHAT CAN EXPERIENCE DO FOR YOU?
30 Years Real Estate Experience and over 1400 successful transactions!
Larry and Rhonda Rosenthal and The Rosenthal Group have enjoyed helping buyers and sellers to achieve their goals. We are the leading realtors in Upper Dublin, Blue Bell, Horsham, Lower Gwynedd, and Surrounding Areas. Our market knowledge and negotiating skills are expert. We look forward to helping you sell or find your next home.

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