Category: Waconia

Both the Buyer and the Seller are not always clear on what Earnest Money is in the real estate transaction.
Here’s a quick overview:
WHAT IT IS?
Earnest Money is a deposit by the Buyer that is offered at the time of the offer.
HOW MUCH?
Earnest Money is typically 1% of the sales price, but can […]

The popular question this time of year from buyers and sellers is “When does the spring housing market take off”? I have to smile when I respond because the reaction is always fun. “It’s after Super Bowl Sunday”. At first people think I’m joking (or crazy) but, it makes perfect sense. […]