We felt very taken care of. We all formed a team that was going to get us our home. Comments from Penny and Eric Armstrong Read Quote > View All Quotes >
Dear Bob, We selected you as our realtor because of your experience and knowledge of the area plus the confirmation from neighbors and friends of your high level of expertise. We were impressed with your professionalism and integrity while working with you. The service we received from you and your team was excellent. Each of you was efficient, knowledgeable, and helpful. Your service reflected a very cohesive, professional and concerned team. Everyone was informed and able to perform with excellence. Sincerely, Claude & Esther Gelineau
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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.
Bob Waldron Coldwell Banker 8840 S. Sepulveda Blvd. Los Angeles, CA 90045 Direct: 310-337-9225 Office: 424-702-3020 Fax: 424-702-3010 DRE: #00416026 Email: bob@bobwaldron.com
Bob Waldron, your real estate resource at Coldwell Banker, is a leading Realtor in Westchester, Playa del Rey, Playa Vista and surrounding communities on the west side of Los Angeles. With over 35 years of real estate experience and knowledge, Bob provides both buyers and sellers with excellent market expertise and unsurpassed professional service. Contact Bob to experience the knowledge, skills and advantages he offers when you purchase and sell real estate.
www.BobWaldron.com
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Westchester, Playa del Rey and Playa Vista,
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