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Earnest money deposit
A deposit made by the possible homebuyer to prove that he or she is serious about buying the house.
Earnest money agreement
A document lists the price, condition and terms in which the buyer is willing to but the real estate property.
Equity
Equity is a financial interest in the real estate property. It is the difference between the fair market value of the property and amount yet owed on the mortgage.
Embezzlement
It is a fraudulent appropriation for one’s own use or benefit of real estate property or money, by an agent, or other person acting in a fiduciary capacity for another. Top
It is a fraudulent appropriation for one’s own use or benefit of real estate property or money, by an agent, or other person acting in a fiduciary capacity for another.
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