When is Earnest Money Due?

Thank you for sharing this part of your day with us. Earnest money is due before the end of the 3rd day after the contract effective date. For example, if both the home buyer and the home seller signed the contract on Monday 1st, the earnest money must be delivered to the title company before the end of day on Thursday 4th.

However, if Thursday turns out to be a legal holiday, your earnest money must be delivered before the end of day on Friday 5th. Now, if the contract effective date was Tuesday 31st, and day 3 falls on a Saturday, the earnest money would be due on the 5th. 

As always, thank you so much for stopping by. Remember, if you are thinking of purchasing your first home, please give us a call 713.204.8013 or Email us. We are here to help. We have been helping Houston first time home buyers since 2011 and we can help you. I hope you have an amazing day. Until next time...Diana