Real Estate Offers for Ft. Campbell, KY, Clarksville, Tennessee and Montgomery County, Tennessee Provided by Christine Demonbreun and Debbie Nunn

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School Reports in Ft. Campbell, KY, Clarksville, Tennessee and Montgomery County, Tennessee

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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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Q	What is the highest skyscraper hotel in the world?
A	The Grand Hyatt Shanhai in Pudong, Shanhai, China occupies the top 35 floors of the 88-story Jin Mao Tower, which at 1,378 feet is the tallest building in China and the third tallest building in the world.
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Christine Demonbreun and Debbie Nunn, REALTOR®, real estate agents and broker for Ft. Campbell, KY, Clarksville, Tennessee and Montgomery County, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Christine Demonbreun and Debbie Nunn
Keller Williams Realty
2271 Wilma Rudolph
Clarksville, TN. 37040
Phone: 931-648-8500
Fax: 931-648-8551
Cell: 931-320-2133
Cell: 931-320-1651
Email: christinedemonbreun@NUMBER1EXPERT.com
Serving Clarksville, Montgomery County, Tennessee since 1985.

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