Listing Details: Bedford, Blissfield and Irish Hills, Michigan Real Estate Listings & Homes For Sale Provided by Jeanee Gilson

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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 7 of 29 Selections

Feature Property - 1347 Gady

$119,900 New Price!

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Address: 1347 Gady	City/ST: Adrian, MI	Zip Code: 49221
Location: Adrian	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1739	Bedrooms: 3	Bathrooms: 2
MLS# 2012935

Very well maintained home on over an acre. Master has separate tub shower with Jacuzzi Tub. Fenced back yard with above ground pool and detachedgarage approximately 24x24.

Last Updated: 2/5/2010 10:30:52 AM

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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	What three things are necessary in order to purchase a home?
A	Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible.
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Jeanee Gilson, REALTOR�, real estate agent and broker for Bedford, Blissfield and Irish Hills, Michigan home listings, property and land for sale - NUMBER1EXPERT

Jeanee Gilson
Key Real Estate
146 Drew Avenue
Deerfield, MI 49238
517-447-3094
Fax: 517-447-3548
jeaneegilson@NUMBER1EXPERT.com
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