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For Home Buyers:
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Why Buyers Choose Janet Jurich
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Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
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Janet Jurich, Broker Associate, Realtor
Keller Williams Realty
2206 Eastland Drive
Bloomington, IL. 61704
Phone: 309-825-2078
Email: JanetJurich@gmail.com
What makes Broker Janet Jurich a Top Expert in her area? It's easy! She has experience, knowledge, great negotiation skills and sincere dedication to her clients.
As a buyer's agent her negotiating skills are among the best. As a seller's agent she also knows the value of homes in the area and provides outstanding service to get your home sold for top dollar and shortest time on the market. Janet's in depth training includes courses such as Real Estate Practice, Financing, Real Estate Law & Escrow and Real Estate Appraisal.
Janet’s clients continually comment on her warm personality, patience and personal commitment in making their real estate transactions a pleasurable and worry free experience.    
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