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20 October, 05:44

What is the advantage of having a broker hold an earnest money check without depositing it while a purchase and sale agreement is in negotiation?

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  1. 20 October, 09:28
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    It serves as an Evidence of Proof of Funds for contract

    Explanation:

    the advantage of having a broker hold an earnest money check without depositing it while a purchase and sale agreement is in negotiation is the trust and confidence it builds in the buyer prior to acceptance of the offer.
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