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Podcast: Financial Residency
Episode: Mortgage Minute: What is earnest money and how does it affect my mortgage?
Description: Doug talks about putting down earnest money. Can you get that money back at closing? Can you apply it to fees associated with your loan, such as paying for taxes, insurance or an appraisal? What if I have gift money from family or a credit from the seller? Be sure to listen to today's episode to find out! For a free copy of Doug's book on buying a home, go to www.DougCrouse.com.Â