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- Todays topic is, you know, I gotta admit, its probably one of the most common questions on the hotlines. Its a typical situation. its where something in a transaction goes bad. It doesnt close, and all of a sudden the million dollar question is, who gets the earnest money? And thats what were gonna talk about today. - Great topic, and I get that question a lot. Who gets the earnest money, you know, and Realtors who are watching this, listen, because theres several things you need to consider in determining who gets it, when to release the earnest money, who to release it to, and what conditions have to be met before that earnest money can be released. - Absolutely, and most of the time, on large ticket items, the purchase agreement sometimes clearly lays out in certain situations, you know, who should be refunded, in certain situations, but its not always so clear. - Exactly, and thats why the contract language is so important. You know, we talk about certain indefinite ter
