If a deal goes south the real estate broker sometimes keeps the earnest money. Depends on the situation.
Another interesting twist on earnest money......I know a family that has bought a lot of houses and apartments as family investments over the years. Sometimes if their offer was refused the real estate broker was slow to refund their earnest money. They got tired of the real estate people playing that game. Now when they made an offer on a property they attach an IOU payable upon acceptance of their offer.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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