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in this video were going to talk about earnest money so earnest money is a good faith deposit that you put down when you purchase real estate and so when you purchase a home or commercial building or something like that you would put down earnest money as a deposit now its important to note that earnest money is not a down payment its not the same thing now your earnest money might actually go toward part of your down payment but it is not the same thing that were talking about when we say earnest money so the reason that we would have earnest money and so we would want to show for example that the seller that youre an actual sincere buyer right now you might think that thats obvious you say hey look if you show up and you you make an offer on a home they should just take it on faith that youre a sincere buyer but what about somebody who went out and said Im gonna make offers on this house and on this house and on this house and on this house theyre gonna make offers on all th
