Earnest Money Deposit vs Down Payment: What's The Difference?
When you buy or sell a home, you get used to hearing words and acronyms you've never heard before. Your real estate agent, mortgage lender, escrow officer and the insurance agents who help you through the process will throw around so much real estate jargon, somewhere along the way you might wish you had brought a dictionary-or maybe a translator. Two rather vague but very important terms for buyer and seller alike are "earnest money deposit or EMD" and "down payment." Both h
Reality and Most "Fixers"
Before you try to emulate your favorite home renovation expert on TV, go back, double check and even triple check all your calculations on that “fixer upper”. That’s the message of a new survey, which found that despite the glamour and the plethora of TV programs devoted to home renovation, most amateur fixer-uppers end up wasting a lot of time and money. Once you factor in all the costs involved, the renovation project often turned out to be no cheaper than just buying a hom
