Why canât information be deleted from the credit report? Experian stores information from credit grantors and public records in compliance with the Fair Credit Reporting Act. When you use credit, a record of your payment history is reported to credit reporting agencies.
(Updated March 4, 2016) No. Earnest money is not necessary to make an otherwise accepted offer into a valid contract. Earnest money is a buyer-performance item required to be deposited after a contract is fully executed. A contract could become effective even if no earnest money is required in the agreement.
Earnest Money Defined: Money paid upfront by buyer at time of contract. Money is payable to a trust account â most commonly the listing real estate firm or a local real estate attorneyâs trust account. Money is credited to buyer at time of closing.