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Posts from May 26th, 2026

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May
26

Buyers: Understanding Earnest Money and When It's at Risk | Wright-Patt Realty

What Every Homebuyer Needs to Know About Earnest Money

When you're ready to make an offer on a home, the real estate agents at Wright-Patt Realty are here to make sure you understand every financial commitment you're stepping into — including earnest money. Knowing how this deposit works and when it could be at risk is one of the smartest things you can do before you begin your home search.

What Is Earnest Money?

Earnest money is a good-faith deposit you submit when your offer on a home is accepted, signaling to the seller that you are a serious and c...

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