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Alright!, so what the heck is "Earnest Money"? Even if this isn't your first time buying
a house, no one really ever remembers what Earnest Money is. It's basically a deposit
to the seller saying, "Yeah I am serious about buying your house." The general amount of
the earnest money is between 1 to 3% of the purchase price. Now, depending on how competitive
the market is, we're gonna try to do the least amount as possible. And we'll come up with
that as we're making an offer.