When buying real estate in the Lake Norman area, it's important you understand North Carolina real estate terms and law - differences in agents, determining property value, earnest money deposits, home inspections and the closing process.

NC Earnest Money Deposit 

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Before you write a check for Earnest Money review this pamphlet.

Earnest Money Deposit

Whether you are moving to or already live in the Lake Norman NC real estate market, you should review this Earnest Money pamphlet. Do this prior to entering into a real estate contract - understand its purpose and who will hold it from contract acceptance unitl the closing on your real estate transaction. This is normally addressed  in the NC offer to purchase contract. You should always read the contract before paying any money and consult your attorney if you have questions about the  purpose and disposition of the payment or any other terms of the agreement.

Two other forms related to the Earnest Money Deposit that you should familiarize yourself with are the
Earnest Money Release and the Earnest Money NOT Released.

 

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If you have a question about buying real estate or selling real estate, ask Estelle Brown!