Reina Marszalek - Profile and Journalist Details
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Reina Marszalek
Verified
Senior Editor, Mortgages, Credible
New York
Beats
Tax, SEO , Accounting, M&A, cybersecurity business development, Investments , Sales , Marketing
Opioid CrisisPharmaceutical Drugs
Content
By Reina Marszalek Verified| Credible@ Earnest money is a deposit you make to show that you’re serious about buying a home. To protect your earnest money deposit, you’ll want to include certain contingencies in your purchase agreement — such as contingencies for financing and a home inspection. Once the purchase agreement has been signed, the seller’s real estate agent will place the earnest money in an escrow account until closing. What is earnest money?
By Reina Marszalek Verified| Credible@ When taking out a mortgage, you might have to provide a lump sum of money as the down payment. Requirements vary, but even a small down payment can become an issue if you’re strapped for cash. Down payment assistance programs can help you bridge the gap between what you’ve saved and what you need to put down. There are more than 2,500 grant and loan programs nationwide that can provide down payment assistance, according to a report by the Urban Institute.
By Reina Marszalek Verified| Credible@ Earnest money is a deposit you make to show that you’re serious about buying a home. To protect your earnest money deposit, you’ll want to include certain contingencies in your purchase agreement — such as contingencies for financing and a home inspection. Once the purchase agreement has been signed, the seller’s real estate agent will place the earnest money in an escrow account until closing. What is earnest money?
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