08/31/2026
🏡 Earnest money sounds complicated, but it really doesn't have to be!
If you're buying or selling a home in Tennessee, you've probably heard your Realtor mention an earnest money deposit.
But what exactly is it?
Where does the money go?
Does it count toward your down payment?
When can a buyer get it back?
And what happens if the transaction doesn't make it to closing?
Well, we broke it all down in our newest blog!
Think of it as the coffee table conversation you wish you could have before signing a purchase agreement. ☕🏡
You'll learn:
💰 What earnest money actually is
📄 How it is different from your down payment
⏰ When the deposit is due
🏦 Who holds the funds
🔑 What happens to it at closing
↩️ When a buyer may receive it back
⚠️ When it could potentially be forfeited
🤝 Why your purchase agreement and contingencies matter
Question for our Realtors, buyers, and sellers: What is the one real estate term you wish someone had explained to you before your first transaction?
Drop it in the comments. 👇
Read the full blog and share it with someone who could use a little more clarity around earnest money!
https://hywatertitle.com/blog/earnest-money-tennessee-buyers-sellers