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Listing Fine Properties - Representing Discerning Buyers. Call us: 505.342.8100
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Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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“Dave and Holly did an excellent job" “Dave and Holly did an excellent job on pricing and marketing our home which helped it sell very quickly." ED AND LINDA HENDERSON - Far NE Heights Read Quote > View All Quotes >
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About the Albuquerque, Rio Rancho and Los Lunas, New Mexico Area Request our Free Albuquerque, Rio Rancho and Los Lunas Relocation Package. It's packed full of useful and important information about the Albuquerque, Rio Rancho and Los Lunas, New Mexico area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... It's our job to know EVERYTHING about Albuquerque, Rio Rancho and Los Lunas! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
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| Q |
During what months of the year do most people move from one home to another?
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| A |
Most moves occur between the months of May and September. |
See More Real Estate Trivia > |
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