The Earnest Money Needs To Be Delivered Per The Purchase Agreement
Earnest Money Is Typically Due Within 24 Or 48 Hours Of The Acceptance Of The Purchase Agreement
Earnest Money Is Typically 1% Of The Purchase Price. This Amount Will Most Often Become Part Of Your Down Payment At Closing. Earnest Payments Are Held In An Escrow Account Typically By The Listing Brokerage. That Payment Demonstrates To The Seller(s), That the Buyer(s), Are Serious About Closing On The Purchase Of The Property. Most Purchase Agreements Have Contingencies, Like Mortgage, Inspection and More. These Contingencies Typically Allow For Full Refund Of The Earnest Money Under Certain Conditions.
The Delivery Address For Payment Of Earnest Money,
Personal Property or 1st Month's Rent & Security
Please hand deliver Earnest Money checks to Mitch's townhouse at 323 East Saint Joseph Street Indianapolis IN 46202. Saint Joseph is located between 9th and 10th streets, and 323 East Saint Joseph is the 5th door that's east of Alabama on the southside of the street.
Please Make The Check Payable to To Help U Move Trust Services, and please include "EM" & The Property's address on the memo or note line.
There is a mail slot in the front door and a mailbox on the outside wall to the right of the front door. Please use the mail slot in the door, which is secure, vs the old mailbox on the wall that is not secure!
Lastly, please text Mitch at 317.223.1673, once you have dropped the check off so that he knows the check is there and he can more quickly confirm receipt of the check to you.
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