long complicated question, but need honest help ASAP, please.?
Friday, June 4th, 2010ok………… we are renting a home in indiana, and plan to purchase it once ours sells in alabama. we entered into a rental contract with the homeowners and as a condition to purchase the home we had it written in once the house in alabama sells we will purchase this house. we paid a 750 fee to our realtor for earnest money and also 750 to the homeowners for rent. my question is this: what does the realtor do with the earnest money that we gave him? thanks !!!!!!!!!!!