Manchester, Arlington and Stratton Mountain Vermont real estate listings, home buying, selling and relocation information

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My Special Offers: Manchester, Arlington and Stratton Mountain Vermont home buying, real estate listings, and homes for sale in Bennington County, VT

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Making An Offer >Keeping Your Earnest Money Safe

When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?

The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.

If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.

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Q	What is the largest city square in the world?
A	Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Real Estate Attorney
Thomas Greene, Esq (802)366-8008
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Anne Lemke, REALTORŽ, real estate agent and broker for Manchester, Arlington and Stratton Mountain Vermont home listings, property and land for sale - NUMBER1EXPERT(tm)

Lemke Ranked #1 VT RE/MAX agent in '05, '07 & '08!
RE/MAX Star Properties
Sirloin Saloon Bldg; 135 Depot St., PO Box 850
Manchester
VT 05255
Toll Free: (888) 778-7629
Office: (802) 362-9889 x 205
Home Office: (802) 362-4124
Cell: (802) 558-6516
Fax: (802) 362-2234
AnneLemke@NUMBER1EXPERT.com
anne@remaxstar.com
Anne Lemke, your 24/7 Realtor, has the competitive advantage of placing #1 in the state of Vermont for all RE/MAX agents for ye 2008, along with the TOP ranking in 2005 and 2007. And, Anne received the #1 "STAR" for number of closings for RE/MAX Star Properties for ye 2009! Another distinction Anne has received in 2008 has been for her acknowledgement as Realtor of the Year - an honor bestowed upon Anne by her peers. Anne has also been ranked #1 RE/MAX agent in the state of Vermont for years ending 2007 and 2005, the first half of 2006, the first half of 2004 & in Southern VT for years ending 2001 & 2002. Anne has reached the top 5 RE/MAX agents Statewide during the last 25 consecutive quarters indicating her outstanding consistency and stand-out performance. Anne is also Past President of the SCVBR (South Central Vermont Board of Realtors) and she received the REALTOR of the YEAR AWARD in 2008. My Mom always told me that sometimes you're on the receiving end and sometimes you're on the giving end and you need to have balance between the two. Previously a math and psychology teacher, Anne is passionate about education and remains very involved with the local schools, which are superb, and the community. Integrity, understanding, accountability and creativity are what make Anne stand out from the Real Estate masses. For competent, compassionate and professional service, always, call Anne - she knows her stuff!

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NUMBER1EXPERT™ in real estate for Manchester, Arlington and Stratton Mountain, Vermont

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