Earnest money promissory notes

Earnest money promissory notes

Some buyers, however, in order to protect themselves against the perceived strength of the seller, refuse to back up their earnestness with cash. Instead, they offer a different kind of asset.

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No surprises

It is everyone’s job to make sure that every requirement has been met and every contingency has been removed. Closings should be a very simple — if somewhat tedious — affair. Everyone coming into the closing room should be absolutely certain of the eventual outcome. No surprises.

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