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.
The buyerâs Realtor actually stated to me over the phone that the earnest money must be released and that it always goes back to the buyer. Too many people do not understand its significance in relation to a contract. This is a good blog to help bring that to light. Thanks for sharing.