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  • Why Sellers Choose Jim, Caroline, and the Davis Team - Why home sellers in Madison, Huntsville and Hampton Cove choose Jim, Caroline, and the Davis Team.

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Real Estate Tips
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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Real Estate Trivia
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What are three of the best indicators of real estate market trends?

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Existing home sales, new home building and mortgage interest rates.
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Jim, Caroline, and the Davis Team, REALTOR®, real estate agent and broker for Madison, Huntsville and Hampton Cove, Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim, Caroline and the Davis Team
Realty World South

1874 Slaughter Road
Madison, AL 35758
Phone: 256-325-8500
Fax: 256-325-8504
Email: huntsvillesold@NUMBER1EXPERT.com

Absolutely Accessible -- Marketing, Promotion, and Profit for Property Owners. When you need the assistance of a Realtor, Jim, Caroline and the Davis Team are Absolutely Accessible. We don’t just sell homes (even though we do it faster) we give quality, competent representation for buyers. Our track record of exceptional representation for Buyers and Sellers is unparallel in the market today. The old ways of sticking a sign in the yard and waiting for a call are gone. Information on our new proactive approach is found in our complete marketing package that is available to prospective customers free of charge and obligation. Call or email us today for your free package. 800-515-9959 / 256-651-8500

Jim, Caroline, and the Davis Team, REALTOR®, real estate agent and broker for Madison, Huntsville and Hampton Cove, Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim, Caroline and the Davis Team
Realty World South

1874 C Slaughter Road
Madison, AL 35758
Phone: 256-325-8500
Fax: 256-325 8504
Email: HomeJames@knology.net

Absolutely Accessible -- Marketing, Promotion, and Profit for Property Owners. When you need the assistance of a Realtor, Realty World South and our team of professionals are Absolutely Accessible. We don’t just sell homes (even though we do it faster) we give quality, competent representation for buyers. Our track record of exceptional representation for Buyers and Sellers is unparallel in the market today. The old ways of sticking a sign in the yard and waiting for a call are gone. Information on our new proactive approach is found in our complete marketing package that is available to prospective customers free of charge and obligation. Call or email us today for your free package. 800-515-9959 /256-325-8500

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