Multiple Choice
Earnest money is the sum of money the home buyer pledges with the:
A) lender to guarantee the purchase.
B) seller to indicate the intent to purchase.
C) realtor for finding the desired home within a preset budget.
D) lender to originate the loan.
E) financial institution to prequalify for a mortgage loan.
Correct Answer:
Verified
Correct Answer:
Verified
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