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Can you pay earnest money with a cashier's check?

Definition of Earnest Money You'll pay earnest money by cashier's check, personal check, or wire transfer. Your earnest money will be deposited into an escrow account or held by the listing agent.

How do I write a receipt for earnest money?

Write out the dollar amount on the blank space following \u201c\u2026 Receipt Of The Earnest Money In The Amount Of\u201d then, produce the numerical value of the dollar amount received on the empty line in the parenthesis. Now we must indicate how this money was received.

How do you present earnest money?

Typically, you pay earnest money to an escrow account or trust under a third-party like a legal firm, real estate broker or title company. Acceptable payment methods include personal check, certified check and wire transfer. The funds remain in the trust or escrow account until closing.

What do I write in earnest money check?

Most importantly, in the \u201cnote\u201d section at the bottom left corner of the check, write \u201cEarnest Money\u201d or \u201cEM\u201d and the address of the property you are buying. Please get at least a copy of your check (dated and with a signature of who received it) when you drop off your check.

How do you write a deposit receipt?

How to Write 1 \u2013 The Deposit Receipt On This Page Must Be Saved. ... 2 \u2013 Document The Calendar Date And Payer This Receipt Concerns. ... 3 \u2013 Report On The Money Received From The Payer. ... 4 \u2013 This Receipt Must Be Authorized By The Recipient.

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