(card games) In some games, a point awarded to the player whose cards add up to the largest sum. (countable) The equipment that enables such activity, particularly as packaged under a title. Some of the games in the closet we have on the computer as well. One's manner, style, or performance in playing a game.
When you write your earnest money check you want to show the seller that you are serious about buying their house. If it is a $400,000 house you do not want to write a $500 check. It would be more appropriate to write a $5000 check. For a $200,000 house I would want you to write a $2,000 or $3,000 check. Sure you could write a bigger check for an earnest money deposit, but there is an potential issue when doing that.
Earnest money is paid at the time of your offer. Each state has very strict rules on how this deposit is managed until the transaction closes. Generally, these funds are held in an escrow account managed by the buyerâs real estate agent or the title company. The deposit is then applied to your closing costs or returned to you at closing. Earnest money funds are usually applied to a loanâs closing costs or to the down payment.