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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 908-391-5473.
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About Cindy Czaskos - Information about Cindy Czaskos of Clinton, Hunterdon County and Pittstown, New Jersey Testimonials - Read what Cindy Czaskos' clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more New Jersey home buying & property selling information is guaranteed by Cindy Czaskos. Privacy Guarantee - This Clinton, Hunterdon County and Pittstown real estate web site will respect your privacy, guaranteed by Cindy Czaskos. No Obligation Guarantee - Cindy Czaskos' real estate help by email is free & without obligation for Clinton, Hunterdon County and Pittstown home owners in New Jersey. For Real Estate Agents - Let Cindy Czaskos help you with your professional real estate broker and agent needs in the Clinton, Hunterdon County and Pittstown area. About NUMBER1EXPERTS™ - NUMBER1EXPERTS™ are top real estate professionals, find out more. Contact Information - How to contact Cindy Czaskos. Go to Main Sitemap - Main sitemap sections include Find Clinton, Hunterdon County and Pittstown Homes, For Home Buyers, For Home Sellers, Clinton, Hunterdon County and Pittstown Information, Real Estate Resources, and About Cindy Czaskos. 
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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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