Origin of the name Payton: Transferred use of the English surname, which is from the place-name Payton in Devon. The name is thought to be derived from the obsolete Anglo-Saxon personal name Paegan pÃ¦gan and The Old english (tÅ«n, town, settlement). Village From A world Of Baby names By Teresa. normanransferred use of the English surname, which is from the place-name Payton in Devon. The name is thought to be derived from the obsolete Anglo-Saxon personal name Paegan pÃ¦gan and The Old english (tÅ«n, town, settlement). Village From A world Of Baby names By Teresa. norman
The meaning of earnest money is in the name â itâs a deposit of good faith on a home loan from buyer to seller. An earnest money deposit will set your offer apart from other applicants, and itâs generally an accepted part of the VA loan process.
For a $400,000 home, earnest money may range between $4,000 and $12,000. The earnest money amount is usually included in the buyer's offer; buyers may try to make their bid seem more serious by offering more earnest money.