Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Who is holding the earnest money check?
Was the check made out to the realtor
I believe my real estate agent. It has now cleared the bank
To my real estate agent.
That does not necessarily mean that the bank has approved. The realtor would need to refund the check if the bank does not approve.
OK. I was hoping that the passing of two months before they cashed it meant something.
Is it normal for them to cash the check?
As a general rule, yes.
OK.....thanks....that's all I need to know.
I will give you "excellent" rating for fast and thorough response.
Check with the agent to see if there is any news. I sure do not see this as a bad sign!!!
Thanks..........and have a great day!