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7 April, 13:03

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. 7 April, 13:23
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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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