Why canât information be deleted from the credit report? Experian stores information from credit grantors and public records in compliance with the Fair Credit Reporting Act. When you use credit, a record of your payment history is reported to credit reporting agencies.
(Updated March 4, 2016) No. Earnest money is not necessary to make an otherwise accepted offer into a valid contract. Earnest money is a buyer-performance item required to be deposited after a contract is fully executed. A contract could become effective even if no earnest money is required in the agreement.
Earnest money isn't given directly to the seller, but is instead held in a third-party escrow. This is typically the listing or buyer's agent or a company of their designation. If you don't know to whom to write the check, ask your agent or fill in ______ Escrow, so you can add a more specific escrow name later. If your offer is rejected, the earnest money is returned to you from escrow.